Date:29/04/2005 URL: http://www.thehindubusinessline.com/2005/04/29/stories/2005042902341000.htm

Back India second last on AT Kearney globalisation index

Our Bureau

New Delhi , April 28

INDIA, along with other BRIC nations — Russia, China and Brazil — figured at the bottom of the heap in the annual ranking of the world's most globalised nations carried out in the latest 2005 AT Kearney/Foreign Policy Globalisation Index.

India retained its second last position of 2004 in the latest ranking, staying just above Iran, according to the data released here on Thursday.

While the study maintains that while China and India are seen as the economic engines of the world, it said that their standing in the globalisation index indicated that there was a long way to go.

China figured at the position 54 in the 62-country index. According to the study, the massive population of both India and China posed a challenge for the generated wealth to spill over to the broader population of the countries, resulting in lower rankings.

Singapore took the top spot, edging out three-time winner Ireland. The United States broke into the top five for the first time in the annual ranking, rising to the fourth place.