India rated fifth best country in the world for dynamic growing businesses - Grant Thornton

India is the fifth best country in the world for dynamic growing businesses according to the Grant Thornton Global Dynamism Index. India is ahead of Indonesia, Nigeria, Turkey, Singapore, Colombia, Russia and only trails Argentina, China., Uruguay and Chile

According to Grant Thornton India LLP. “The ratings go well beyond basic GDP data, Five areas were identified as holding the key drivers to an economy’s dynamism: business operating environment, science and technology, labour and human capital, economics and growth and the financing environment. Within these groups, there were 22 key data points that were analyzed.”



More than 400 senior executives from a broad range of countries and industries were then interviewed to determine which aspects of these attributes they deemed most important for business growth. This allowed for the weighting of each aspect according to its perceived relevance.

Rather than provide a measure of an economy’s success during a period of high economic turbulence, this iteration provides a true illustration of the strength of each economy as a place for dynamic businesses to flourish.

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