If you're thinking about investing in India...

Steve Vickers, president of International Risk, offers some advice to potential investors in India.

As analysts hail India as the next new market to become a global player, what are the opportunities and challenges faced by foreign investors

The typical downers announced by skeptics While annual GDP growth has averaged 6.5% for the past decade, India is still plagued by the country's social deficit of a third of its people living in poverty.

Plus, FDI flows are about a tenth of those inundating China.

But perhaps the picture is not so dire. The International Finance Corporation suggests the gap is narrower between China and India. Applying a standard measure of FDI, the IFC estimates that China's...

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