Monday, September 27, 2021

India emerges as most Attractive Manufacturing Destination Globally

The unprecedented times of the COVID-19 pandemic have shaken up the entire world and India too has not been spared through the adverse impact of the same. However, even in such adverse situations, 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.

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