TOKYO -- India has become one of the most promising markets for Japanese companies, business surveys show, with the country's rise reflecting the waning appeal of China as an investment destination even as it presents a different set of risks.
India topped a list of countries where Japanese companies plan to expand in the next one to two years, with 80.3% of respondents saying they are looking to grow there, according to a survey released by the Japan External Trade Organization (JETRO) in November. This is a 4.7-point increase from the previous year's survey.
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