Why India's Improved World Bank Ranking Will Boost Its Startups

Forbes, Nov 6, 2017
by Sindhuja Balaji

Following India’s meteoric rise to crack the top 100 in the World Bank’s Ease of Doing Business report, the country’s startup community is confident of attracting more foreign investments across sectors and emerging as a highly preferred investment destination in the region.

The report gauges the performance of countries in ten areas: Starting a business; dealing with construction permits; obtaining electricity; registering property; obtaining bank credit; protecting minority investors; tax payments; trading across borders; enforcing contracts; and resolving insolvency. This year, India has improved its performance in six of those areas -- specifically, there’s been a marked improvement in getting an electricity connection to start a new business, resolving insolvency, obtaining bank credit and tax reforms.

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