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Murtaza Hussain
@mazmhussain
Updated stats on global manufacturing output. There is a lot to say about this but I think its important to focus on the growth of India, which has now surpassed South Korea as a manufacturing hub. While the aggregate size of Indian manufacturing still looks small this is a magnitudes increase from years past when it was a negligible contributor to global markets. More investments are planned in future and if trends continue I would not be shocked to see India emerge as a top 3 manufacturer within the next two decades as its economy grows to a level more commensurate with its demographic weight. India has become the beneficiary of the liberalization policies of the post-Cold War era by opening up its markets to free competition. This is not to downplay the challenges and problems that still exist but its just a fact that this growth is a positive change. Especially as the world attempts (successfully or not remains to be seen) to reshore manufacturing away from China, Indian companies could stand to benefit.
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highplains.base.eth 🎩✨🔴
@highplains66
I'm supporting you through @microsub! 207 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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Garrett
@garrett
The population growth and relative sustainability of it compared to China will probably allow India to continue to catch up to China 777 $DEGEN
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downshift
@downshift.eth
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Blinky Stitt
@flashprofits.eth
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Johnson
@johnson
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Jarrett
@jarrettr
I'm supporting you through @microsub! 60 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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bigbully🙃
@big-bully.eth
150 $degen Do you have growth figures as well?
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Rue🗽
@rue1776
Wow I would not have guessed the US would be second in manufacturing. Definite violation of the “we don’t make anything here anymore” narrative Thanks for sharing
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yashwant🎩
@ywc
500 $DEGEN
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