Manufacturing Risk Index 2020: India ranks 3rd in global manufacturing locations among 48 countries

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India ranks third in the list of most-suitable locations for global manufacturing among 48 countries in terms of cost competitiveness and operating conditions, according to property consultant Cushman & Wakefield.

India ranks third in the list of most-suitable locations for global manufacturing among 48 countries in terms of cost competitiveness and operating conditions, according to property consultant Cushman & Wakefield.

China and the U.S. retain the top two positions, while India has moved one place higher to rank third, the consultant said in its Global Manufacturing Risk Index report.

The MRI 2020 report also includes analysis of the impact of Covid-19 on the global manufacturing sector and the ability of the countries to restart their manufacturing sectors once confinement measures are relaxed and business starts to return to normal.