In 2018, India ranked 72nd for "regulatory environment" (with a score of 63.65 on 100), which includes regulatory quality, rule of law, and cost of redundancy dismissal.
Singapore ranked first with a score of 98.55 for "regulatory environment". The Global Innovation Index (GII) 2018 provides detailed metrics about the innovation performance of 126 countries which represent 90.8% of the world's population and 96.3% of global GDP.