India 49th best electronic business environment
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India 49th best electronic business environment

By agencies   |   Thursday, 21 April 2005, 07:00 Hrs
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BANGALORE:India has been ranked 49th as AsiaÂ’s most electronically savvy economy, a global survey showed today.

Hong Kong has overtaken Singapore as Asia's most electronically savvy economy and is well ahead of Australia, South Korea and Japan.

The annual "e-readiness" rankings by the London-based Economist Intelligence Unit (EIU) ranked India, a hotbed of technology at 49th place and China, Asia's most dynamic economy, at 54th place.

The economies were ranked based on six criteria: infrastructure, business environment, consumer and business adoption, social and cultural environment, legal and policy environment, and supporting services.

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