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Question
What was India's rank at the latest World Economic Forum (WEF)'s Global Manufacturing Index (GMI)? [JAN 2018]
What was India's rank at the latest World Economic Forum (WEF)'s Global Manufacturing Index (GMI)? [JAN 2018]
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Solution
The correct option is B 30th
The World Economic Forum (WEF) had ranked India at 30th position on a Global Manufacturing Index (GMI). In its first Readiness for the future of production report, Japan was found to have the best structure of production and is followed by South Korea, Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria and Ireland. Among BRICS nations, Russia was ranked 35th, Brazil 41st and South Africa at 45th place. The report placed India in the Legacy group along with Hungary, Mexico, Philippines, Russia, Thailand and Turkey, among others.
The World Economic Forum (WEF) had ranked India at 30th position on a Global Manufacturing Index (GMI). In its first Readiness for the future of production report, Japan was found to have the best structure of production and is followed by South Korea, Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria and Ireland. Among BRICS nations, Russia was ranked 35th, Brazil 41st and South Africa at 45th place. The report placed India in the Legacy group along with Hungary, Mexico, Philippines, Russia, Thailand and Turkey, among others.
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