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3 hours ago · China’s economy, in other words, has grown almost five times faster than India’s. The core reason for China’s economic success: manufacturing. China now produces around 35 percent of the world’s manufactured goods. Manufacturing has also been central to the economic success of virtually every other nation that has gone from rags to riches.
13 hours ago · The average Chinese resident now makes over $13,000 per year. The average Indian resident makes only about $2,700. China’s economy, in other words, has grown almost five times faster than India’s. The core reason for China’s economic success: manufacturing. China now produces around 35 percent of the world’s manufactured goods.
5 days ago · A-. A+. New Delhi [India], May 30 (ANI): India and Southeast Asia are emerging as top manufacturing hubs beyond China, driven by supply chain diversification, says a report by JLL, a commercial real estate and investment management company. The report highlights that various strategic policies and economic factors are making these regions ...
4 days ago · The governments focus on Make in India programme and the production linked incentive (PLI) schemes to promote manufacturing has started to yield results as indicated by leasing demand for light manufacturing and warehousing. This robust growth is further evidenced by a notable 4.5 times increase in leasing activity for light manufacturing spaces in 2023, as compared to 2020, with projected ...
4 days ago · India an emerging global hub for chips, electronics manufacturing: RBI report. The interim Union Budget 2024-25, with an allocation of ₹6,903 crore for semiconductor and display fabs, would contribute to making India a global hub for chip and electronics manufacturing. IANS. Updated On May 31, 2024 at 06:55 PM IST.
5 days ago · India Emerges as Key Player in Manufacturing Diversification. India is set to benefit from companies diversifying manufacturing hubs away from China, according to JLL. The Make in India 2.0 initiative has driven a 55% increase in FDI equity in manufacturing from 2014-2023, reaching $148.9 billion.
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5 days ago · The interim Union Budget 2024-25, with an allocation of ₹6,903 crore for semiconductor and display fabs, would contribute to making India a global hub for chip and electronics manufacturing, the report states. Investments under the production-linked incentive (PLI) scheme are likely to gain further momentum going forward. These factors are ...
