In its new survey report ‘Agility Emerging Markets Logistics Index 2020’, the global logistics company reported that “India’s business fundamentals rank collapsed, dropping the market eight positions to 18th,” even though the country has maintained the second position in the overall ranking after China.
The survey blames India’s fall in the business fundamentals sub-Index to the unevenness of policy across the country’s regulatory system. The ranking had two more sub-indexes: Domestic Opportunities Index & International Opportunities Index and India remained at second position for both.