New Delhi, May 19 -- India's manufacturing sector is emerging as an increasingly attractive destination for global investors, with the country making notable progress in enhancing its competitiveness and making its manufacturing sector more attractive to global investors, S&P Global said on Monday.

It also highlighted in its latest research report, titled 'India Forward: Transformative Perspectives', that India is ramping up its push for alternative energy to build a cleaner, self-reliant transport future in which biofuels will play a central role. This push offers a triple win for the country through strengthening energy security, lowering greenhouse gas emissions, and enhancing rural incomes, the report said.

India is well-positioned ...