India has slipped by two places to 51st in the World Economic Forum's global competitiveness rankings, while rival China has managed to improve its standing to 29th.
As per the WEF's Global Competitiveness Report 2010-11, released today, Switzerland is No. 1 in the world in terms of its ability to provide the most competitive environment on several fronts.
Sweden, another technology powerhouse in Europe, ranks second, followed by Singapore and the United States, which both fell by two positions from their ranking last year. The African nation of Chad figures at the bottom of the list of 139 countries.
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