India’s jump to the 63rd position on the World Bank’s ease of doing business ranking is a testimony to the remarkable improvement in the country’s business climate owing to the series of reforms undertaken by the Narendra Modi-led government, industry bodies and experts said on Thursday.
Enthused by India’s 14-notch jump on the World Bank’s ‘Doing Business’ report, industry leaders as well as startups said it will prove to be a shot in the arm for the country by attracting foreign investments, augmenting business opportunities.