By NNN-PTI
New Delhi : India will retain 10th position as the world’s leading country for nurturing and developing talent over the next five years, says the first ever Global Talent Index (GTI).
Asian Pacific countries are giving a tough competition to the US and Europe when it comes to attracting and nurturing talent, says the Index developed by executive search firm Heidrick and Struggles and the Economist Intelligence Unit covering thirty countries chosen for the survey based on a representative geographical spread.
The GTI says that the much fabled ‘BRIC’ (Brazil, Russia, India and China) phenomenon should more accurately be expressed as ‘IC’ when it comes to talent. While China and India rank among the top 10 talent hotspots worldwide, Russia will fall from sixth to 11th place by 2012, while Brazil will slip from 18th to 19th.
India will be followed by Malaysia, which will remain in 12th place, South Korea, which will rise from 15th to 13th, and Japan (16th to 14th).
It adds, US will maintain its position as the world’s leading country for nurturing and developing talent over the next five years but faces increasing competition from the UK, which will rise to second place by 2012, and China, which moves from eighth to sixth.
The index points out that China which is the world’s most populous country is set to exploit its natural advantage by significantly improving its compulsory education system and developing a much better environment for producing and nurturing talent. This the index adds will enable the country to build on its manufacturing base and attract increasing numbers of foreign-owned businesses.