According to IMD, the Indian economy's competitiveness improved significantly in 2022, with the country's economic performance rank increasing from 37th to 28th. It also stated that India's domestic economy rose from 30th to 9th in a year, and the labour market has moved up from 15th to 6th in the index.

• India has seen the sharpest growth among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index 2022. The Index has been compiled by the Institute for Management Development (IMD).
• Meanwhile, the top-performing Asian economies are Singapore (3rd), Hong Kong (5th), Taiwan (7th), China (17th) and Australia (19th).