India Is Worst Among Five BRICS Nations, Slips To 92nd Rank In Global Talent Competitiveness

Despite holding a pool of talent with so many premier institutes in the country and innumerable bright minds, India has slipped 3 places to 92nd rank on the global index of talent competitiveness.

Last year, India came on the 89th on the same index.

#India slips 3 places to 92nd on global talent #competitiveness index; #Switzerland tops.

— Press Trust of India (@PTI_News) January 16, 2017

While the country produced a lot of talent, it is clearly unable to retain and attract talent. In terms of retaining and attracting talent, India was ranked at a lowly 104th and 114th, respectively.  

Now one would ask what's this list anyway?

The Global Talent Competitiveness is the list that measures how countries grow, attract and retain talent, a list topped by Switzerland. India's ranking is worst among the five BRICS countries. 

While China was ranked at the 54th place, Russian Federation was placed at 56th, followed by South Africa at 67th and Brazil 81st.  

Switzerland has topped the overall index, followed by Singapore and the United Kingdom in second and third places respectively. The list was released by INSEAD, produced in partnership with The Adecco Group and the Human Capital Leadership Institute of Singapore (HCLI).

Other countries in the top 10 include the United States (4th), Sweden (5th), Australia (6th), Luxembourg (7th), Denmark (8th), Finland (9th) and Norway (10th).  

India slips 3 places to 92nd rank on global talent competitiveness that measures how countries grow, attract and retain talent pic.twitter.com/v1527SJx9k

— TIMES NOW (@TimesNow) January 16, 2017

The list clearly indicates how all the BRICS nations are not performing well, with both India and China falling back from their previous rankings. 

"Although China attains an impressive 4th place in the sub-pillar of Talent Impact and is solid in the Grow pillar -- mainly supported by good formal education (23rd) and lifelong learning (20th), the shortage of vocational and technical skills shows up clearly," the report said.  

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"This is not likely to improve until India boosts performance in its regulatory (94th) and market (99th) landscapes," the report said.  It is now a challenge for India and China both to attract talent from overseas, particularly in the context of large emigration rates of high-skilled people.  

Meanwhile, the index also released the first-ever global ranking of cities on the basis of their reputation and growing footprint in attracting, growing, and retaining global talent. 

Copenhagen tops Global Talent Competitiveness Index #business #Denmark https://t.co/ld3y7FXVdj pic.twitter.com/Sgz4piDjQA

— The Copenhagen Post (@cphpost) January 16, 2017

Mumbai was the only Indian city that has made it to this coveted list, topped by Copenhagen.