Is manufacturing really moving to India?
A look into the manufacturing thrust in India
Manufacturing is the next wave of Indian growth. According to available data, the manufacturing sector in India is around 14-15%. It can reach the 18-20% level in the next decade.
Here are some news articles that I am observing that will help you understand the trend globally.
There is stress in Europe. China is a no-go for most Western countries. Large manufacturing is migrating, although very slowly, to countries like India, Vietnam, Indonesia, Mexico etc.
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