India 5th most promising nation for overseas trade.

STATESMAN NEWS SERVICE NEW DELHI, Nov. 24. India improved its ranking by two points as the fifth most promising country in the world for overseas business operations of Japanese companies over the next three years.

China continues to be the number one destination in this regard, followed by the US, Thailand and Indonesia, a recent survey by the Japan Bank of International Cooperation has said. The survey aims at identifying the current and future tends of foreign direct investment and overseas business operations by Japanese manufacturing companies.

This year 52 Japanese manufacturers cited India as one of the top five promising countries for overseas …