India Ranks Third In Global Manufacturing Risk Index 2020: Cushman & Wakefield Report

India is the third top-most country among 48 nations, in the 2020 Global Manufacturing Risk Index (MRI), for having the most-suitable locations for global manufacturing in terms of cost competitiveness and operating conditions.
The annual Global Manufacturing Risk Index (MRI) report was released by the US-based property consultant Cushman & Wakefield, to rank the most suitable locations for global manufacturing among 48 countries in Europe, Americas, and the Asia-Pacific.
China and the United States retain the top two positions respectively in MRI 2020, while India has moved one place higher from previous edition of the report, to rank third in MRI 2020.
Each of the country has been assessed in four key areas: Bouncebackability,Conditions, Costs and Risks
The MRI 2020 report also includes analysis of the impact of Covid-19 on the global manufacturing sector and the ability of the countries to restart their manufacturing sectors once confinement measures are relaxed and business starts to return to normal.