WHY IN THE NEWS?
- India has emerged as a global manufacturing hub and effectively surpassed the United States to become the world’s second most desired manufacturing destination.
- This indicates the growing interest in India by manufacturers as a preferred manufacturing hub over other countries including the United States and the manufacturing giant nation, China.
- India’s ranking was reflected in Cushman & Wakefield’s 2021 Global Manufacturing Risk Index. The index ranks 47 countries across Europe, the Americas, and the Asia Pacific.
© 2023 Civilstap Himachal Design & Development