India tops list of top offshoring locations

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Tuesday, February 8, 2005 London - India has placed first in the Economist Magazine's list of the top offshoring locations in the world. The list, compiled by the Economist Intelligence Unit, measured the attractiveness of 60 countries as destinations for offshoring, scoring each country on nine criteria commonly used by companies when deciding where to locate offshore. The list was compiled as part of the Economist CEO Briefing 2005. India came out first with a overall score of 7.76, followed by China with 7.34 and the Czech Republic with 7.26. The list was dominated by Eastern European and South East Asian countries. The top developed country was Canada with 7.23, ranking 6th overall.

The top fifteen were as follows:

1st - India with 7.76 points
2nd - China - with 7.34 points
3rd - Czech Republic - with 7.26 points
4th - Singapore - with 7.25 points
5th - Poland - with 7.24 points
6th - Canada - 7.23 points
7th - Hong Kong - 7.19 points
8th - Hungary - 7.17 points
9th - Philippines - 7.17 points
10th - Thailand - 7.16 points
11th - Malaysia - 7.13 points
12th - Slovakia - 7.12 points
13th - Bulgaria - 7.09 points
14th - Romania - 7.08 points
15th - Chile - 7.08 points

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