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According to Kotak Mutual Fund report and Global Times, India is now among the top 5 countries in manufacturing. According to this list, China’s manufacturing output is $4.16 trillion followed by America at $2.49 trillion. Make in India has increased employment in India and production has also increased in every sector.
India is now moving rapidly on the path of becoming the manufacturing hub of the world. India has now gone ahead of South, France and UK also. According to the report of Kotak Mutual Fund, India has joined the top 5 manufacturing countries. Not only this, China’s official newspaper Global Times has also ranked India at fifth position in the list of top 10 manufacturing countries of the world.
Foreign companies are now investing extensively in India and mobiles, electronics, clothes, cars and much more are being manufactured in our country. Government’s schemes like Make in India PLI scheme have benefited a lot, investment has increased, employment has increased and exports are also increasing. China itself is at number one.
China’s manufacturing output
India is the 5th largest manufacturer in the world. Ahead of South Korea, France and UK.
We will overtake Germany and Japan in the years to come.
