India has retained its position as the world's third most attractive destination for investment by transnational corporations (TNCs) during 2013-15. In a survey by the United Nations Conference on Trade and Development, UNCTAD, based on responses of 159 companies, India was ranked after China and the United States. The World Investment Report 2013 by UNCTAD said, the ranking of the top five host economies is the same as last year with China leading the list and cited by 46 per cent of all respondents, followed closely by the United States, cited by 45 per cent. Indonesia and Brazil are also among the top five investment destinations as responded by TNCs. As per the survey, developing countries make up four of the top five host economies. While releasing the report in New Delhi yesterday, UN Chief Economist, Nagesh Kumar said that foreign direct investment in India is expected to rise by 15 per cent in 2013 on account of policy initiatives being undertaken by the government to boost investment and growth. He said India's prospects are very encouraging and positive. Mr. Kumar said investor confidence approach is very robust in India.