India tops list of top offshoring locations

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