India tops list of top offshoring locations

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