ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

India tanks 5 spots on Global Connectedness Index

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
India tanks 5 spots on Global Connectedness Index
Global Connectedness is measured on the depth and breadth of countries’ integration with the rest of the world. Representational image of shipping containers. Image Source: Reuters

India has tanked 5 spots to reach 78th position out of 140 countries in Global Connectedness Index for the year 2015. The country ranked at 73rd position in the year 2013.

Global Connectedness is measured on the depth and breadth of countries’ integration with the rest of the world as manifested by their participation in international flows of products and services (trade), capital, information, and people (the four pillars of the DHL Global Connectedness Index).

In terms of depth dimension, India tanked 7 places from its previous ranking to 133 out of 140 countries, while in breadth dimensions it gained 2 places to 21.

“South & Central Asia lags across nearly all aspects of global connectedness,” the report said. While pointing out India’s lack of connectedness, the report added, “This region ranks last on depth and third from last on breadth. Furthermore, its relatively higher breadth than depth is a reflection of the poor levels of integration within the region, depressed in particular by the animosity between South Asia’s two largest economies, India and Pakistan.”

India’s depth and breadth measures suggests that the connectivity within the region has been very poor. Being one of the largest economies in South Asia, India has even added to the woes of the continent.

India’s merchandise exports in comparison to the rest of the world (except Netherlands) was a little of 2%; however, the country ranks among the ‘top export destinations’ for many countries like –Argentina, Australia, Bahrain, Belgium, Brazil, Canada, China, Hong Kong, Iran, Kuwait, Malaysia, Nepal, Oman, Panama, Qatar, Saudi Arabia, South Africa, Sri Lanka, Switzerland and UAE, among others.

India’s top 10 export destination include – USA (15%), UAE (11%), Hong Kong (5%) China (4%), UK (3%), Singapore (3%), Germany (3%), Saudi Arabia (3%), Bangladesh (2%) and Sri Lanka (2%).

This year's report also features two new city-level globalisation indexes. Mumbai ranks 13 out of 113 cities on the Globalization Hotspots index, which compares cities’ international flows to their internal activity (paralleling the depth dimension of the country-level DHL Global Connectedness Index).

The report showed India’s global connectedness rank in 2005 was 62 and in 2008, its ranking was the highest in all the years at 56th position.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Global Connectedness IndexindiaEconomyexportsSouth AsiaCentral AsiaChinaUSABrazil
Written By: ZeeBiz WebTeam
Updated: Tue, Nov 29, 2016
12:32 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
India's GDP growth likely picked up in July-Sept but demonetisation to dent future growth: Reuters poll India's GDP growth likely picked up in July-Sept but demonetisation to dent future growth: Reuters poll
HUL says demonetisation, GST win-win for India HUL says demonetisation, GST win-win for India
Income Tax: This is how the new amnesty scheme looks like Income Tax: This is how the new amnesty scheme looks like
Demonetisation: Bank withdrawals stand at 20% of total deposits Demonetisation: Bank withdrawals stand at 20% of total deposits
Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

LATEST NEWS

IRB Infra reports 36% jump in toll collection for January 2023

Should you buy, sell or hold Cummins, Trent, Piramal Enterprises, Samvardhana Motherson, other stocks today?

PM Kisan 13th installment update: Link Aadhaar with bank account before February 10 to receive Rs 2,000

Fundraising gets tougher, 2023 super challenging for startup founders: Report

SBI stock holds potential after 13% drop from life high, up to Rs 171 per share gain seen: Emkay

How to be safe on Instagram? A-Z guide about platform’s safety features

Money Heist Berlin teaser out: La Casa De Papel's spin-off to release on Netflix this year — Check release date, cast, trailer, episodes

RITES Dividend 2023: Check out payout amount, record date and payment date details here

Maharashtra ATS claims banned group PFI aimed to turn India into Islamic state by 2047

Explained: What is chatbot, its type, usages and all you need to know

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV