WEF Ranks India Second Globally for Business Attractiveness
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How it started
What happened
The World Economic Forum published a report ranking India as the world’s second-most attractive business environment for multinational companies. The report noted that India ranks ahead of Europe and China, attributing this standing to its market scale, economic growth, and policy momentum. New Delhi has also been highlighted for continuing to open new channels for trade and capital.
From businessworld.in
Why it matters
According to the survey of chief economists, 56% placed India among their top three most attractive business environments for the next 12 months. This finding comes as the global economy faces disruption, and the World Economic Forum noted India’s increasing embrace of free trade and new trade agreements.
From businessworld.in
Who's involved
- World Economic ForumPublished the report ranking global business environments.
- New DelhiCapital city of India where trade channels are being opened.
- EuropeGeopolitical state ranked below India in business attractiveness.
- IndiaCountry ranked second globally for business environment.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndiaSpeculative
Global investment confidence might increase due to India's policy momentum and trade openness.
How it developed
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WEF report ranks India's business environment, noting its attractiveness compared to Europe.1 source
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The entities involved
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World Economic Forum
Swiss nonprofit foundation
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New Delhi
capital city of India
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Europe
terrestrial continent located in north-western Eurasia