28-11-2024 12:57 PM | Source: Accord Fintech
India climbs up 11 slots to be among top 50 countries in Network Readiness Index 2024

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The Network Readiness Index 2024 (NRI 2024) report has showed that India has improved its position by eleven slots and is now placed at 49th rank as against 60th rank scored in the NRI 2023 report. In its latest version of 2024, the report maps the network-based readiness landscape of 133 economies based on their performances in four different pillars: Technology, People, Governance, and Impact, covering a total of 54 variables. 

India has not only improved its ranking, but also improved its score from 49.93 in 2023 to 53.63 in 2024. Besides, India leads in several indicators. The report states that India secured 1st rank in ‘AI scientific publications’, ‘AI talent concentration’ and ‘ICT services exports’, 2nd rank in ‘FTTH/Building Internet subscriptions’, ‘Mobile broadband internet traffic within the country’ and ‘International Internet bandwidth’, 3rd rank in ‘Domestic market scale’ and 4th rank in ‘annual investment in telecommunication services.

Further, India has ranked 2nd in the group of lower-middle-income countries after Vietnam. As per the report, India has demonstrated significant digital progress, with notable strengths in technological innovation and digital transformation. India’s performance in NRI 2024 is latest in a string of advancements in the telecommunications sector.