India remains attractive investment destination: CEA

Arvind Subramanian says slowdown in China will have a 'very less' impact on India

Bs_logoChief Economic Adviser Arvind Subramanian addressing a press conference in New Delhi
Chief Economic Adviser Arvind Subramanian addressing a press conference in New Delhi
Press Trust Of India New Delhi
Last Updated : Sep 09 2015 | 1:18 AM IST
Amid the global financial turmoil, Indian economy would grow at the highest rate and also remain an attractive investment destination, Chief Economic Advisor Arvind Subramanian said on Tuesday.

"India stands out. Whatever projections you are seeing, as a highest growing country among all the major economies, India will remain a relatively attractive investment destination," he said, in his presentation before a meeting chaired by Prime Minister Narendra Modi.

Talking to reporters, Subramanian said he highlighted, in his presentation, the key events contributing to the global financial turmoil and "why challenges are a potential opportunity for India going forward".

Referring to the problems in China, he said the slowdown there will have a "very less" impact on India.

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First Published: Sep 09 2015 | 12:20 AM IST