Foreign investors plan to expand presence in India and look forward to easier business climate as well as a sustained pace of reforms following general elections this year, according to a survey.

Executives in Davos said they remained committed to tapping into rising middle classes from Shanghai to Lagos, but some are pulling back and redeploying resources in particularly difficult, low-margin regions.

Business leaders from across the globe have called for policy changes to encourage long term value creation instead of short-term profits and to restore trust between government, business and civil society.