New Delhi: Delhi has emerged as the most competitive city-state, according to an in depth study on the Manufacturing Competitiveness Index. The Manufacturing Competitiveness Report 2014 found Delhi has done well on all the 4 factors of manufacturing competitiveness.
The aim of the report is to suggest ways to significantly enhance it for various sub-national regions in the Indian context. The states have been categorised according to various stages of development of manufacturing. This helps to compare states at a similar level of manufacturing development.
India’s manufacturing sector amounting to just 15% of the GDP reflects a deep structural problem with the Indian economy. The index is thus constructed based on 4 interrelated factors of Company Operations and Strategy (COS), State Business Environment (SBE), Social Infrastructure and Political Institutions (SIPI) and Macroeconomic Indicators (MI).
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