Could India aim for 2nd place among BRICS in Global Competitive Index?

Discussion in 'Economy & Infrastructure' started by jouni, Dec 3, 2014.

  1. jouni

    jouni Senior Member Senior Member

    Joined:
    Jul 29, 2014
    Messages:
    3,898
    Likes Received:
    1,123
    Location:
    finland
    World Economic Forum announced Global Competitive Index 2014-2015. India is currently fifth among BRICS countries, but because numbers 2-4 are close together has India good chance to climb to 2nd place. China is too far away to be catched anytime soon. Other interesting observations from the list: Switzerland, Singapore and US take three top spots. Finland is fourth. Finland is number one Globally in Education and Innovation. This is a good achievement. India is in a good place to start climbing among BRICS towards better places in the list.

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]

    http://www.weforum.org/issues/global-competitiveness

    http://www.weforum.org/reports/global-competitiveness-report-2014-2015

    [​IMG]
     
    Last edited: Dec 3, 2014
  2.  
  3. ladder

    ladder Senior Member Senior Member

    Joined:
    Mar 28, 2013
    Messages:
    4,751
    Likes Received:
    2,666
    Location:
    India
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    Where is the link?

    Where does it say India is aiming for the second spot? @jouni
     
    Last edited by a moderator: May 10, 2015
  4. DingDong

    DingDong Senior Member Senior Member

    Joined:
    Oct 24, 2014
    Messages:
    2,228
    Likes Received:
    3,670
    Location:
    Delhi
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    Here we go again. India regulates her market and economy according to her needs and not according to the wishes of the MNCs and the FDIs.

    Trust me on this, India will never open up her market completely for the foreign investors and businesses. India is not China, our government listens to the concerns of the locals.
     
  5. jouni

    jouni Senior Member Senior Member

    Joined:
    Jul 29, 2014
    Messages:
    3,898
    Likes Received:
    1,123
    Location:
    finland
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    Yes, these kind of indexes are not in Indias interest. You trust your own way. You can catch Russia, Brazil and South Africa but not China.
     
    Last edited: Dec 3, 2014
  6. jouni

    jouni Senior Member Senior Member

    Joined:
    Jul 29, 2014
    Messages:
    3,898
    Likes Received:
    1,123
    Location:
    finland
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    I think it is clear from the report: China is too far, but the rest is in reach. That is your realistic goal.
     
    Last edited by a moderator: May 10, 2015
  7. ladder

    ladder Senior Member Senior Member

    Joined:
    Mar 28, 2013
    Messages:
    4,751
    Likes Received:
    2,666
    Location:
    India
    Re: India aiming for 2nd place among BRICS in Global Competitive index


    Then you should have said 'India should aim for 2nd spot' or 'India can get to 2nd spot' or even 'India has the potential to get to the 2nd spot'

    But, When you say 'India is aiming for' then it is actually sounds like a official policy decision conveyed by an official of 'GoI'.
    @pmaitra.
     
    Last edited by a moderator: May 10, 2015
  8. jouni

    jouni Senior Member Senior Member

    Joined:
    Jul 29, 2014
    Messages:
    3,898
    Likes Received:
    1,123
    Location:
    finland
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    Sorry, didn´t thought of that, maybe we should change the title then.
     
    Last edited by a moderator: May 10, 2015
  9. Illusive

    Illusive Senior Member Senior Member

    Joined:
    Jun 20, 2010
    Messages:
    2,335
    Likes Received:
    1,418
    Voldemort likes this.
  10. ladder

    ladder Senior Member Senior Member

    Joined:
    Mar 28, 2013
    Messages:
    4,751
    Likes Received:
    2,666
    Location:
    India
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    You don't need to be sorry for that. Happens all the time to non native English speakers like us (Indians). I have tagged a mod in my post, who incidentally is also excellent in English grammar. Hopefully he will do the needful.
     
  11. santosh10

    santosh10 Senior Member Senior Member

    Joined:
    Oct 5, 2014
    Messages:
    1,666
    Likes Received:
    174
    Location:
    Lucknow
    Re: India aiming for 2nd place among BRICS in Global Competitive index


    its good to see Finland and Switzerland on the top 2 spots, i also hope to visit these 2 places soon........
     
  12. Srinivas_K

    Srinivas_K Senior Member Senior Member

    Joined:
    Jun 17, 2009
    Messages:
    4,674
    Likes Received:
    3,351
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    India has all the right ingredients to better/overtake China, Time is on our side.
     
    Abhishek Tanwar likes this.
  13. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,524
    Likes Received:
    1,548
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    China can climb up with Hong Kong (7th) and Taiwan (14th) counted in :pound:

    [​IMG]
     
  14. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,524
    Likes Received:
    1,548
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    I'd say I love Switzerland and Finland very much, but @jouni my gut feeling tells something goes against "perception" (not backed by hard data though) in my going through some of the Index.

    Like this "Innovation Top 10" - Finland ranks #1 Switzerland #2 above Israel #3 Japan #4... Most European states perk rather high. Okay these r awesome. However, Israeli innovations r better known as very relevant to our day-to-day life such as in irrigation techs, pharmaceuticals, military... Comparatively the same cant be said of Finn & Swiss. My watch is Swiss. Other than that their banking sector is well known. Yet with their "secrecy law" being sidestepped nowadays under the US pressure Swiss banks hav to disclose client data against tax evasion, money laundering etc. etc.. Therefore there seems less room for "innovation" literally. And Finland - u know better than me - mainstays 1. telecom 2. Forestry Industry in outsiders' perspective. Then what innovation on what parameters as drivers of your productivity and prosperity in terms of global competitiveness?
     
    Last edited by a moderator: May 10, 2015
  15. jouni

    jouni Senior Member Senior Member

    Joined:
    Jul 29, 2014
    Messages:
    3,898
    Likes Received:
    1,123
    Location:
    finland
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    Capacity for innovation, 1-7 (best)
    5 5.6
    Quality of scientific research institutions, 1-7 (best)
    10 5.7
    Company spending on R&D, 1-7 (best)
    3 5.7
    University-industry collaboration in R&D, 1-7 (best)
    1 6.0
    Government procurement of advanced technology products, 1-7 (best)
    22 4.1
    Availability of scientists and engineers, 1-7 (best)
    1 6.2
    PCT patent applications, applications/million pop.
    4 286.7

    We are actually nro 1 in public/private collaboration and availability of scientists and engineers. A lot of our innovations go to something you do not see, in space tech, engines, robotics, health. This actually reveals one of our biggest weaknesses: we are not good enough in branding and marketing. Our innovations and patents benefit also a lot of foreign companies.
     
  16. asianobserve

    asianobserve Elite Member Elite Member

    Joined:
    May 5, 2011
    Messages:
    7,308
    Likes Received:
    2,976
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    At least for next year India will automatically be 1 spot higher in the index for what it can normally achieve since Russia will slide down under it. :thumb:

    BTW, I'm surprised to see America in #3 spot, I thought our members here say it is already going bankrupt and in decline... There must be hidden agenda in this GCI....
     
  17. jouni

    jouni Senior Member Senior Member

    Joined:
    Jul 29, 2014
    Messages:
    3,898
    Likes Received:
    1,123
    Location:
    finland
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    I think for China 28th place is extremely good. With your large population, one party system etc. It is really, really good achievement. Before I came to this forum, I had pretty old fashion view about China, I am learning daily that you do actually a lot of things really in a good way.
     
    Last edited by a moderator: May 10, 2015
  18. pmaitra

    pmaitra Moderator Moderator

    Joined:
    Mar 10, 2009
    Messages:
    31,663
    Likes Received:
    17,161
    Location:
    EST, USA
    Re: Could India aim for 2nd place among BRICS in Global Competitive In

    @ladder, @jouni, I have turned the title into a question, since that is what the OP apparently wanted to discuss.
     
    Last edited by a moderator: May 10, 2015
    jouni and ladder like this.
  19. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,524
    Likes Received:
    1,548
    Re: India aiming for 2nd place among BRICS in Global Competitive index

    Among BRICS China + Russia Duo shall be the most promising. Trust me, I understand your sentiments towards Russia by your side in both historical and present perspectives, which is also a neighbour of China. :rolleyes: Fortunately the animosity btwn the 2 countries have become bygones. Economies of Russia and China indeed r complementary to each other. Russia is of vital importance to China's energy security, while China is very much manufacturing based.
    [​IMG]

    The others of BRICS frankly are not so much related to Chinese economically except for their geo-strategic locations & joint leverage on certain agenda. It takes much time to make BRICS really fly as a group, like the phase-in of BRICS Bank.

    Europeans perhaps have some stereotypes of China. The taste of the pudding is in the eating.

    Hometown
    [​IMG]
     
    jouni likes this.

Share This Page