Despite regulatory hurdles, India continues to be among the preferred destinations for foreign direct investments (FDI) due to it’s high economic growth, with both Mumbai and Delhi ranking among the cities likely to produce the next Microsoft or Google, a survey of 800 executives by consultancy firm Ernst & Young (E&Y) has said.According to the 9th Annual European Attractiveness Survey by E&Y, both Mumbai and New Delhi have the best chances of producing the Next Microsoft or Google in the coming years, while Shanghai topped the chart. Around 8% of respondents named Mumbai and 4% named New Delhi, as the promising cities,” the report said. India a preferred FDI spot for Eurozone - Hindustan Times
