Oct 07, 2006 :: India rises in Global Competitiveness Report

India has risen by two places to the 43rd, in the Global Competitiveness Reports published every two years by the World Economic Forum. Countries may be small but highly competitive as Switzerland, Finland, Sweden, Denmark and Singapore, the top 5 suggest. Among the large growing economies, India [43] leaves behind China [54], Russia[64] and Brazil [66]. USA[5] and Japan[6] are the only countries in top 15 that have populations above 100 million.

The ranking is a measure of effective use of technology and capital, innovative skills, soft infrastructure like education, financial and legal institutions, markets etc and relative efficiency. WEF site and Report highlights