<h1>India Set to Become 2nd Most Attractive FDI Destination by 2012, Says UNCTAD Report.</h1> India is anticipated to become the second most attractive destination for foreign direct investment (FDI) between 2010 and 2012, according to the UNCTAD's World Investment Report. This prediction is based on a survey of Trans National Corporations. India's government has implemented an investor-friendly FDI policy, allowing up to 100% FDI in most sectors through an automatic route. The FDI policy is regularly reviewed and updated, with the latest consolidated document available as Circular 2 of 2010. The government actively promotes investment through information dissemination and collaboration with industry associations and international partners.