The World Bank's Doing Business Report 2018, released on Tuesday, showed that the country's global rank in ease of doing business jumped by 30 places to reach the 100th rank.
The rank was 130th in the previous year.
India has also been adjudged the 5th best performing nation globally in reforming the business environment.
It also improved it's ranking in six of the ten sub-categories used by the World Bank to judge the climate of business ease in a country.
"The systematic reforms by the country in a persistent manner has paid off." Annette Dixon, Vice President of South Asian region, World Bank said.
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