India tops emerging logistics markets index
India, Brazil and Indonesia have topped the table of Transport Intelligence's new Emerging Market Logistics Index, which the U.K.-based consultant released this week.
The index ranks 38 countries from the developing world in terms of the attractiveness of their logistics markets to foreign investors. It measures the scale of opportunities through three indices: market size and growth attractiveness, market compatibility, and connectedness.
Mexico and Russia placed fourth and fifth on the rankings.
India was helped, said Transport Intelligence, by its market size and growth prospects. Brazil scored high economic performance, market accessibility, and improving domestic and international transport connections.
Kenya scored the poorest of the nations rated, but consultant said countries across the rankings had poor global and domestic transport connections, weak economies, unstable security situations and major barriers to market entry.
'The countries at the bottom of the index will take many years to develop to a stage when they will be mature enough to support the modern supply chain practices present in much of the rest of the world,' Transport Intelligence said.