India climbs global manufacturing rankings amid China+1 shift: ASSOCHAM
- Posted on July 7, 2026
- By Business News Today
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- 1 min read
India climbs global manufacturing rankings amid China+1 shift: ASSOCHAM
India's manufacturing growth has surpassed the global average, positioning it as an emerging leader. This rise is fueled by domestic demand and government initiatives like PLI schemes. Global companies are seeking diversification and resilience in their supply chains. Investor confidence is growing due to sustained reforms and strategic initiatives. India's economy continues its robust expansion, reinforcing its manufacturing strength.
