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Norway Takes Top Spot, India Drops 7 Places on Global Business Resilience Index

In the 2015 FM Global Resilience Index, India has been positioned a low 119 out of 130 nations, moving downwards in contrast with a year ago (112th rank in 2014).

The Index measures business flexibility of countries in view of monetary, risk quality and supply chain variables.

Norway has topped the Resilience Index as the nation accommodates the organizations in best conceivable approach to stay away from interruption in their global production network operations.

Other than Norway, the top nations that are strongest in business flexibility include Switzerland (2), Netherlands (3), Ireland (4), Luxembourg (5), Germany (6), Qatar (7), Canada (8), Finland (9) and the US (10).

Venezuela is positioned at the bottom in the list.

The FM Global Resilience Index is the first information driven device and repository that positions the business resilience of 130 nations.

It is intended to help administrators assess and oversee supply network hazard.

Nine key drivers of supply chain risk are grouped into three classes: monetary, risk quality and supply chain factors.