Grant Thornton Global Dynamism Index (GDI), India has been ranked 34th among 60 leading economies in terms of ‘business growth environment’. India ranked 53rd out of 60 in the GDI when it comes to its business operating environment. India’s rank in other categories are,
- Economic situation and growth – Overall ranking 2
- Availability of labour and human capital Rank 15
- Financing environment – Rank 36
- Science and Technology – Rank 41
According to Grant Thornton’s International Business Report (IBR) survey, the strength of India’s GDI ranking for workforce and growth is recognized by many businesses.
Globally, Singapore offers the best business growth environment for dynamic businesses as a result of a strong financing and regulatory environment, followed by Israel and Australia in second and third place, respectively. Growth is always an important step in any business, they want to succeed within their sector and get to the level at which they are aiming for. That is why it is important for businesses like these to make use of technology that can support their building plan. This can be in the form of win loss analysis resources, also custom software packages, and data collection services, as well as a myriad of others. It is important for them to see which suits them and can help them in this journey. Most importantly, businesses should not hesitate from taking external help for their growth and development, whether that’s something as simple as, say, checking out this SEO checklist https://victoriousseo.com/blog/seo-checklist/ over at Victorious or outsourcing a part of your business to the experts so that you can focus on the areas where you excel. Since there is fierce competition in the retail and logistics industry, many business owners often look for the help of Capsifi and its likes. With the help of flexible services and solutions (like a cloud-based digital business platform) offered by Capsifi, entrepreneurs often optimize performance and improve business capabilities.
Anyway, coming back to the topic, Finland and Sweden were ranked in the 4th and 5th place across the world due to favorable business operating environments and advanced technology infrastructure.
What is Grant Thornton Global Dynamism Index?
The Grant Thornton Global Dynamism Index (GDI) is an annual research project designed by the Economist Intelligence Unit and commissioned by Grant Thornton, which ranks the development of the business growth environments of 60 of the world’s largest economies over the past 12 months.
