India moves up three places in World Digital Competitiveness Rankings

63% is estimated growth of online foodtech aggregators, to $1.5 billion from FY18 to FY23, according to a HSBC analyst’s report in April
Image: Shutterstock

The US tops the 2018 International Institute for Management Development (IMD) World Digital Competitiveness Rankings while India climbs to 48th position among 63 countries, an improvement of three places over last year. The report, released in June, assesses the extent to which a country adopts and explores digital technologies leading to transformation in government practices, business models and society in general. Here are the top 10 countries, and India: