India stands 48th on list of world's 82 best places to do business

India has secured the 48th position on a ranking list of the best places in the world to do business, a report said.

The list, which was prepared by The Economist Intelligence Unit (EIU), named 82 countries based on the attractiveness of their business environments by evaluating criteria such as political climate, openness to foreign investment, taxes, the labour market and infrastructure, reported the BBC.