News Snapshot:
Increased attention to India may be due to India’s business conditions and cost competitiveness. In addition, the country’s proven success in meeting outsourcing requirements has led to a year-on-year increase in rankings. This year, India and the United States swapped their rankings to 2nd and 3rd, up one rank from last year’s ranking of 3rd in India. India has risen from 4th to 3rd last year and is now one place behind China. “India in the coming-of-age story has transitioned from an agricultural economy to a service economy. The country has almost skipped the manufacturing sector of this transition. However,...
