Countries Where You Can Easily Start a Business
1. New Zealand
Score (0–100): 100
With a perfect 100 on 100 score, New Zealand is ranked top among the most preferred business destinations.
Free-market reforms over recent decades have removed many barriers to foreign investment, and the World Bank in 2005 praised New Zealand as being the most business-friendly country in the world, before Singapore. It has only small manufacturing and high-tech sectors, being strongly focused on tourism and primary industries such as agriculture.
India
Score (0–100): 62.40
Overall rank: 128
Though government is trying hard to cheer the investments and have opened 12 sectors for foreign direct investment. But the macro-economic disputes of sluggish economy, high interest rates, unhealthy FII inflows, higher CAD concerns and many more negative factors have made the country most unattractive industrial destination today.
5 years prior to the same time, Indian industrial sector was on a complete boom. The country’s most cherished sector, the IT sector, was thriving along with sectors like Pharma industry. But as the financial crisis hit the economy, entire world was on complete turmoil, and so was the Indian economy.
India ranked 128th among the most preferred business destinations with a score or 62.40.
