The 16th edition of the 2017 Global Retail Development Index (GRDI), ranks the top 30 developing countries for retail investment worldwide and analyzed 25 macroeconomic and retail-specific variables. India’s rapidly expanding economy, easing of foreign direct investment (FDI) rules and a consumption boom are the key drivers for India’s top ranking in the GRDI.
Static Takeaways for IBPS PO Exam-
- Top three countries in the list are India China and Malaysia
- The GRDI 2017 was titled as ‘The Age of Focus’
- The capital of Malaysia is in Kuala Lumpur.