OCO Global ranks RIRIC #1 in Foreign Direct Investment into India
LOCOmonitor's Monthly Investment Monitor (Global edition) ranks Royal Indian Raj International Corporation as the largest single source of foreign direct investment into India in its 2004 report.
OCO Global is the world's leading authority on Foreign Direct Investment tracking, with its LOCOmonitor platform widely cited by sovereign investment-promotion agencies, ratings agencies, and institutional investors.
In the September–October 2004 edition of the LOCOmonitor Monthly Investment Monitor (Global), Royal Indian Raj International Corporation was ranked first among all foreign direct investors into India for the period — driven by the multi-billion-dollar Royal Garden City program and its associated hospitality and golf-village pipelines.
The ranking placed RIRIC ahead of established multinational manufacturers, energy majors and IT services firms for headline FDI commitment into the country — a recognition of the scale of the integrated-township opportunity RIRIC was first to mobilize against.