India made the biggest leap in global competitiveness - WEF
In the World Economic Forum's 2016-17 rankings, Asia’s third-largest economy ranked 39th among 138 countries. Last year, it was at 55.
“Recent reform efforts have concentrated on improving public institutions, opening the economy to foreign investors and international trade, and increasing transparency in the financial system,” the WEF report, released on Sept.28, said. “Still, a lot needs to be done.”