Business Standard

Tuesday, December 24, 2024 | 06:10 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

India ranked 43rd on IMD's World Competitiveness Index; Singapore on top

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place

Aerial view of Marina Bay and skyscrapers of downtown in evening at Singapore
Premium

Aerial view of Marina Bay and skyscrapers of downtown in evening at Singapore

Press Trust of India
India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in