2.

1: Country/Economy Profiles

India
The Global Competitiveness Index in detail
INDICATOR

VALUE RANK/144

INDICATOR

1st pillar: Institutions

1.01
1.02
1.03
1.04
1.05
1.06
1.07
1.08
1.09
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22

Property rights ....................................................... 4.4 ............61

Intellectual property protection ............................... 3.7 ............63
Diversion of public funds ........................................ 2.8 ............91
Public trust in politicians ......................................... 2.2 ..........106
Irregular payments and bribes ................................ 3.4 ............99
Judicial independence............................................ 4.5 ............45
Favoritism in decisions of government officials ....... 2.8 ............92
Wastefulness of government spending ................... 3.4 ............63
Burden of government regulation ........................... 3.0 ............98
Efficiency of legal framework in settling disputes .... 3.8 ............59
Efficiency of legal framework in challenging regs. ... 3.9 ............52
Transparency of government policymaking............. 4.3 ............65
Govt services for improved business performance 3.6 ............75
Business costs of terrorism .................................... 4.8 ..........114
Business costs of crime and violence..................... 5.0 ............64
Organized crime ..................................................... 5.0 ............81
Reliability of police services .................................... 4.3 ............69
Ethical behavior of firms ......................................... 3.8 ............81
Strength of auditing and reporting standards ......... 5.0 ............44
Efficacy of corporate boards .................................. 4.4 ............75
Protection of minority shareholders interests ......... 4.4 ............52
Strength of investor protection, 010 (best)* .......... 6.0 ............39

2.01
2.02
2.03
2.04
2.05
2.06
2.07
2.08
2.09

Quality of overall infrastructure ............................... 3.8 ............87

Quality of roads ...................................................... 3.5 ............86
Quality of railroad infrastructure .............................. 4.4 ............27
Quality of port infrastructure ................................... 4.0 ............80
Quality of air transport infrastructure....................... 4.7 ............68
Available airline seat kms/week, millions* ........ 3,246.9 ............13
Quality of electricity supply ..................................... 3.2 ..........110
Mobile telephone subscriptions/100 pop.* ........... 72.0 ..........116
Fixed telephone lines/100 pop.* ............................. 2.6 ..........118

3.01
3.02
3.03
3.04
3.05

Government budget balance, % GDP*..................-8.7 ..........136

Gross national savings, % GDP* .......................... 31.6 ............22
Inflation, annual % change* .................................... 8.6 ..........116
General government debt, % GDP* ..................... 68.1 ..........111
Country credit rating, 0100 (best)* ...................... 64.0 ............43

4.01
4.02
4.03
4.04
4.05
4.06
4.07
4.08
4.09
4.10

Business impact of malaria .................................... 4.5 ..........110

Malaria cases/100,000 pop.* .......................... 1,862.2 ..........112
Business impact of tuberculosis ............................. 4.6 ..........102
Tuberculosis cases/100,000 pop.* ..................... 185.0 ..........113
Business impact of HIV/AIDS ................................. 4.6 ..........102
HIV prevalence, % adult pop.* ............................... 0.3 ............68
Infant mortality, deaths/1,000 live births* .............. 48.2 ..........112
Life expectancy, years*......................................... 65.1 ..........110
Quality of primary education ................................... 3.5 ............81
Primary education enrollment, net %* .................. 92.1 ............84

5.01
5.02
5.03
5.04
5.05
5.06
5.07
5.08

Secondary education enrollment, gross %* .......... 63.2 ..........107

Tertiary education enrollment, gross %*................ 17.9 ............95
Quality of the educational system ........................... 4.4 ............34
Quality of math and science education .................. 4.7 ............30
Quality of management schools ............................. 4.9 ............33
Internet access in schools ...................................... 4.0 ............75
Availability of research and training services ........... 4.3 ............59
Extent of staff training ............................................ 4.1 ............54

2nd pillar: Infrastructure

3rd pillar: Macroeconomic environment

4th pillar: Health and primary education

5th pillar: Higher education and training

VALUE RANK/144

6th pillar: Goods market efficiency

6.01
6.02
6.03
6.04
6.05
6.06
6.07
6.08
6.09
6.10
6.11
6.12
6.13
6.14
6.15
6.16

Intensity of local competition .................................. 5.4 ............34

Extent of market dominance .................................. 4.5 ............27
Effectiveness of anti-monopoly policy ..................... 4.6 ............34
Extent and effect of taxation................................... 3.8 ............44
Total tax rate, % profits* ....................................... 61.8 ..........123
No. procedures to start a business* ........................ 12 ..........121
No. days to start a business* .................................. 29 ............99
Agricultural policy costs.......................................... 3.7 ............87
Prevalence of trade barriers ................................... 4.2 ............78
Trade tariffs, % duty* ............................................ 12.6 ..........126
Prevalence of foreign ownership............................. 4.5 ............84
Business impact of rules on FDI ............................. 4.7 ............62
Burden of customs procedures .............................. 3.8 ............84
Imports as a percentage of GDP* ........................ 34.7 ..........101
Degree of customer orientation .............................. 4.7 ............60
Buyer sophistication ............................................... 3.7 ............53

7.01
7.02
7.03
7.04
7.05
7.06
7.07
7.08

Cooperation in labor-employer relations ................. 4.5 ............50

Flexibility of wage determination ............................. 5.1 ............61
Hiring and firing practices ....................................... 4.0 ............71
Redundancy costs, weeks of salary* ....................... 16 ............73
Pay and productivity............................................... 4.3 ............43
Reliance on professional management ................... 4.6 ............46
Brain drain ............................................................. 4.5 ............30
Women in labor force, ratio to men* ..................... 0.36 ..........133

8.01
8.02
8.03
8.04
8.05
8.06
8.07
8.08

Availability of financial services ............................... 5.0 ............44

Affordability of financial services ............................. 4.9 ............33
Financing through local equity market .................... 4.6 ............19
Ease of access to loans ......................................... 3.3 ............38
Venture capital availability ....................................... 3.4 ............26
Soundness of banks .............................................. 5.7 ............38
Regulation of securities exchanges ........................ 5.2 ............28
Legal rights index, 010 (best)* ................................. 8 ............24

9.01
9.02
9.03
9.04
9.05
9.06
9.07

Availability of latest technologies ............................ 5.3 ............47

Firm-level technology absorption ............................ 5.2 ............40
FDI and technology transfer ................................... 4.9 ............44
Individuals using Internet, %* ............................... 10.1 ..........119
Broadband Internet subscriptions/100 pop.* .......... 1.0 ..........101
Intl Internet bandwidth, kb/s per user* .................. 5.4 ..........104
Mobile broadband subscriptions/100 pop.*............ 1.9 ..........102

7th pillar: Labor market efficiency

8th pillar: Financial market development

9th pillar: Technological readiness

10th pillar: Market size

10.01 Domestic market size index, 17 (best)*................. 6.2 ..............3
10.02 Foreign market size index, 17 (best)* .................... 6.4 ..............4

11th pillar: Business sophistication

11.01
11.02
11.03
11.04
11.05
11.06
11.07
11.08
11.09

Local supplier quantity ........................................... 5.6 ............10

Local supplier quality.............................................. 4.5 ............69
State of cluster development.................................. 4.5 ............29
Nature of competitive advantage ............................ 3.4 ............75
Value chain breadth................................................ 4.1 ............38
Control of international distribution ......................... 4.2 ............51
Production process sophistication.......................... 4.1 ............46
Extent of marketing ................................................ 4.4 ............48
Willingness to delegate authority ............................ 3.9 ............50

12.01
12.02
12.03
12.04
12.05
12.06
12.07

Capacity for innovation........................................... 3.5 ............42

Quality of scientific research institutions ................. 4.4 ............39
Company spending on R&D................................... 3.5 ............37
University-industry collaboration in R&D ................. 3.8 ............51
Govt procurement of advanced tech products ...... 3.4 ............83
Availability of scientists and engineers .................... 5.0 ............16
PCT patents, applications/million pop.* .................. 1.2 ............63

12th pillar: Innovation

Notes: Values are on a 1-to-7 scale unless otherwise annotated with an asterisk (*). For further details and explanation, please refer to the section How to Read
the Country/Economy Profiles on page 83.
The Global Competitiveness Report 20122013 | 199