Decoding Deloitte

India ranks fourth in the 2013 global manufacturing competitiveness index compiled by the consultancy Deloitte, even as the country’s growth rate has been pulled down in recent quarters by sharply falling manufacturing performance. This is a truly odd combination; how to reconcile the two? The short answer is that the recent fall from grace has been captured by India’s rank sliding from second in 2010 to the current fourth.

Read Full Story>>