The index is prepared by World Economic Forum (WEF) and was released as part of WEF’s first ‘Readiness for the Future of Production’ report
The report analyses development of modern industrial strategies and urges collaborative actions to achieve sustainable growth. It encourages new and innovative approaches to public-private collaborations to accelerate transformations in the backdrop of Fourth Industrial Revolution.
The index categorizes countries into four groups viz.
Leading (strong current base, high level of readiness for future),
High Potential (limited current base, high potential for future),
Legacy (strong current base, at risk for future)
Nascent (limited current base, low level of readiness for ....
