India ranks 3rd in Global Manufacturing Risk Index 2020

India is the third top-most country in the Global Manufacturing Risk Index 2020. 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. Each of the countries has been assessed in four key areas: Bouncebackability, Conditions, Costs and Risks.

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China and the United States retain the top two positions respectively in MRI 2020, while India has moved one place higher from the previous edition of the report, to rank third in MRI 2020. 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.

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