Why do fiis invest in india?

Siddharth (Thinker) (267 Points)

12 February 2016  
Hi, Why do FIIs invest in India? I understand that there is a big difference in US and India's Interest rate. So FII borrow from US with cheap interest and invest in the stock market in India. But why don't they just borrow from US and invest in US itself? After all it is the biggest economy?...