Facts:
- India has moved up 16 positions to 39th place from last year’s 55th place
- India has emerged as the highest rising economy due to improvement in goods market efficiency, business sophistication and innovation
Positives:
- Quality of India’s educational institutes
- Opening the economy to foreign investors
- Increasing transparency in the financial system
- Venture capital availability
- GDP and domestic market size
- Public trust in politicians
- Infrastructure has improved
- Macroeconomic stability improved
- Inflation/FD/CAD under control
Negatives:
- Corruption is the biggest obstacle in doing business in the country
- Policy instability
- Inflation
- Access to finance
- Government instability and inadequate supply of infrastructure