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Why India is proving more attractive for foreign manufacturers?

Shortpedia

Content Team
Image Credit: bwretailworld.businessworld

The Economist Intelligence Unit (EIU) reported earlier this month that India was one of the most improved countries in its quarterly forecast of the best business environments in the next five years. In the EIU's Business Environment Ranking, the South Asian nation climbed six notches on a global basis and from 14th to 10th among 17 economies in Asia. The EIU's BER scores for India show that doing business in the country is becoming steadily easier.