India Among Countries That Offer Business-Friendly Government Policies

By siliconindia | Monday, 25 November 2013, 13:52 Hrs

6. China
Overall rank: 6

China’s economy is the second largest in the world. The annual GDP growth of the country is 2.26 percent with an earning of $7,743.144 trillion. During the past thirty years China's economy has changed from a centrally planned system that was largely closed to international trade to a more market-oriented one that has a rapidly growing private sector. A chief component supporting China's rapid economic growth has been exports growth.

7. India
Overall rank: 7

Over the decades, India has emerged as one of the best countries to do business at. The policy in the country is strict yet being flexible at the same time.

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.