India 4th most attractive investment market for global CEOs: PwC survey

CEOs' confidence in global economic growth has dipped dramatically by a record jump in pessimism but India has emerged as 'the rising star' by surpassing the UK to become fourth most attractive destination, a PwC survey said Monday.

Released on the first day of the World Economic Forum (WEF) annual meeting, the survey also showed that China's popularity was falling among global CEOs but remained second most attractive after the US. However, both the countries saw their attractiveness dip sharply.

The survey of more than 1,300 CEOs in 91 countries saw India's popularity falling marginally from 9 per cent to 8 per cent.

The US topped with 27 per cent (down from 46 per cent last year), followed by China with 24 per cent (down from 33 per cent) and Germany at 13 per cent (down from 20 per cent).

However, 15 per cent CEOs said, "they don't know" which was the market outside their home territory was the most attractive one for investment (up from 8 per cent last year). This was only next to