India has improved its ranking by three notches to 51 globally in terms of ability to attract, develop and retain talent while Switzerland topped the list compiled by leading global business school IMD.
Globally, Europe continues to dominate the rankings, with Switzerland, Denmark, and Belgium being the most competitive countries. Austria, Finland, the Netherlands, Norway, Germany, Sweden and Luxembourg made up the top 10.
The annual IMD World Talent Ranking covered 63 countries and assessed the methods the countries adopted to attract and retain talent. The rankings are based on a country’s performance in three main categories – investment and development, appeal, and readiness – and India was ranked 62nd, 43rd and 29th on these terms.
From the BRICS bloc, China stayed in the lead with a ranking of 40, followed by Russia at 43 and South Africa at 48. Brazil was ranked just after India at the 52nd slot.