India among world’s best countries to invest in 2019

SUMMARY

India is the 7th best country to do business or invest in the world this year, revealed a study by CEO World Magazine. As per the report, ASEAN countries dominated the top ten list with Malaysia securing the top spot, while the Philippines, Indonesia, Singapore and Thailand were also amongst the top ten. Here is a look at the rankings:

By Pradeep Suresh Sept 10, 2019 6:44:11 AM IST (Updated)

1: Malaysia has been crowned as the best country in the world to invest in or do business. (AP Photo/Vincent Thian, File)

2: At second position is Poland. The former Warsaw pact member has emerged as the top investment destination in the western hemisphere. (AP Photo/Czarek Sokolowski)

3: The Philippines secured the third position owing to the economic stability and positive policies by the government. REUTERS/Eloisa Lopez

4: Indonesia, another ASEAN member has secured fourth position.

5: Positioned fifth in the list isAustralia. Various factors such as openness and stability help it to secure the position.

6: At the sixth position isSingapore, the sovereign island city-state in Southeast Asia.

7: India has secured the seventh position in the list at a time when the economy is facing a serious slowdown.

8: With a highly skilled labour force and the presence of high-quality research the Czech Republic is ranked eighth. (REUTERS/David W Cerny)

9: Spain secured the ninth position owing to its skilled labour force and efficient institutional framework. REUTERS/Paul Hanna

10: Thailand, the Southeast Asian nation popular as a tourism hub completes the top ten list by securing the tenth spot.