THE
Competitiveness Industrial Performance (CIP) index assesses industrial
performance using indicators of an economy's ability to produce and export
manufactured goods competitively. The CIP index comprises eight indicators which
include industrial capacity, manufacturing export capacity, economy's share in
world's manufacturing value added, economy's share in world's manufactured
exports, industrialization, intensity and export quality. Though India's ranking
remained unchanged at 42nd out of 118 countries, the Competitiveness Industrial
Performance index for India has improved from 0.190 in 2005 to 0.206 in 2009
showing an improvement in the performance of manufacturing sector.
The
CIP index is based on criteria developed by ‘United Nation's Industrial
Development Organization (UNIDO). As such, there are no specific comments to
offer on comparison of India's performance with countries like Thailand, Mexico
and the Philippines.
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