India Awash In Foreign Investment

Indian laborers work at the construction site of a commercial complex in Mumbai. In the last few months investors have rediscovered their optimism in the world economy and India’s place in it. Indranil Mukherjee/Agence France-Presse — Getty ImageThe recovery that isn’t coming to America is playing in India. And that raises an interesting question. As investors come back to the table, will they deliberately stay away from America.

Humans tend to operate on auto pilot. Of course the smart person diversifies his or her investments, but even business tends to stay on a trajectory with investments, especially when the stock market looked like America’s.

A dear friend told me that his BRIC fund — investing in Brazil, Russia, India and China —  actually made money for him last year, while his real estate and other financial holdings fell by half.

With all the talk about jobs not being created in America, does this reality reflect any kind of significant shift away from America and into BRIC and other futures with brighter consumer futures? Read India Finds Itself Awash in Foreign Investment via NYTimes