The World Economic Forum (WEF) released its Global Manufacturing Index putting India on the 30th position, five places below China, which is continuously striving to develop better avenues of manufacturing by boosting infrastructure.
Meanwhile, Japan topped the rankings on the back of developing the best structure of production in the Geneva-based WEF’s first ‘Readiness for the future of production report’ and is followed by South Korea, Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria and Ireland in the top 10.
- WEF-World Economic Forum, is the International Organization for Public-Private Cooperation.
- Established in 1971.
- President - Borge Brende.