Global Manufacturing Risk Index Report.
                     Global Manufacturing Risk Index 
Report
Introduction
• According to property consultancy Cushman & 
Wakefield, India ranks third in the list of best 
suited global manufacturing locations among 48 
countries in terms of cost competitiveness and 
operating conditions. 
Source: Pixabay
The Ranking
• In its annual ranking of the most suitable global 
manufacturing locations among 48 countries in 
Europe, the Americas and the Asia-Pacific, the 
consultancy said that this year India will be in 
top-3 countries and an emerging 
manufacturing hub globally from an 
operational and cost-competitiveness 
perspective.
Source: Deccan Hearald
GoI’s Plan
• Against the backdrop of the Covid-19 scenario, 
the government has reiterated its agenda for 
launching fresh steps that would boost the 
development of a more conducive environment 
to make India a hub of output. 
Source: Pixabay
Situation of Other countries
• According to the report, China holds the top spot 
from a baseline scenario ranking that looks 
equally at operating conditions and cost-
competitiveness but does not recognize effect 
from the current pandemic, led by the US in 
second and India in third place.
Source: Pixabay
Major Reason
• The MRI cost scenario puts greater focus on cost 
management to give countries with lower 
operating costs, including labor, a higher score.
• Although China maintains its lead position, it has 
added that Vietnam and India have jumped to 
second and third positions respectively.
Source: Pixabay
Four Key Areas
1. Bouncebackability: Expected ability to reboot 
production operations as containment measures are 
relaxed and company begins to return to normal 
2. Conditions: Business climate including talent supply 
and market access 
3. Expenses: Living costs, including jobs, electricity and 
properties 
4. Risks: Environmental, economic and political
Source: Pixabay
Expected Solution
• The MRI 2020 includes study of COVID-19 's effect 
on the global manufacturing sector, and listed 
countries by their estimated capacity to restart 
their manufacturing industries once containment 
measures are relaxed and business begins to 
normalize.
Source: Pixabay
Condition, Cost & Risk
• The annual Global MRI scores each country 
against 20 variables which make up the three 
final weighted rankings covering conditions, costs 
and risks.
Source: Europa Property
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