Fluctuation of currency against dollar has now more or less stabilised. If steps are taken now, then the rupee again can rise against USD. Hopefully India would still attract foreign investors owing to large talennt pool.
As long as india can have a growing economy and generate a rich talent pool, i think it would be a potential market for foreign investors. India has got a rich demographics and even though rupee id faltering due to some flawed policies, india would continute to prosper