India slips in Global Competitive Index

New Delhi, Nov. 1,2007 : According to World Economic Forum or WEF"s Global Competitive Index 2007 India has slipped six places in the list of the world's most competitive nations and is currently ranked 48th.

However, WEF has ranked India 31st ahead of China at the 57th position on an accompanying list of 'Business Competitive Index', published for the first time. USA tops the list and has been followed by Switzerland, Denmark, Sweden and Germany.

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