+
 India goes past US as second most sought manufacturing hub
ECONOMY & POLICY

India goes past US as second most sought manufacturing hub

India has been ranked as the world's second-most-desired manufacturing hub after China. The country surpassed the US to secure the second spot.

India could benefit from relocations from China to other parts of Asia because it already has a strong base in engineering, pharmaceuticals, and chemicals, all of which are still at the centre of trade tensions between the US and China according to Cushman and Wakefield 2021 Global Manufacturing Risk Index.

According to the report, reforms in land and labour laws are essential to India's success as a global manufacturing hub.

The baseline scenario prioritises a country's operating conditions as well as its cost competitiveness.

Automotive manufacturing and Electronic components are led by Jiangsu and Guangdong, while chemicals and natural resources are concentrated in Liaoning and Zhejiang. Because of its large consumer market and state and federal incentives, the United States is a desirable hub.

Indonesia outspent India and Vietnam in terms of cost, while China maintained its lead. Indonesia has risen to second place from fifth while India has dropped to third place.

Falling rents in Jakarta have aided the country's cost-effectiveness, which has pushed it up to three places. While Vietnam's wages are lower than China's, the country is increasingly competing with lower-cost countries. In the meantime, Thailand's cost profile has pushed it up to fifth place from eighth. Colombia rose from 15th to eighth place, with labour costs compared to those in Asia.

On the other hand, India is nowhere near the top of the risk scenario that considers lower levels of political and economic risks.

India is assembled with Colombia, Italy, Belgium, Malaysia, Romania, Indonesia, Bulgaria, Thailand, Hungary, Peru and Vietnam in the third quartile of the rankings. China leads the first quartile, followed by Canada, Finland, the United States and the Czech Republic. Lithuania, France, the Netherlands, Japan, Spain, Poland and the United Kingdom are among the countries in the second quartile.

India, like Peru, Philippines, Sri Lanka, Indonesia, Mexico, Vietnam, Bulgaria, Thailand, Tunisia, and Venezuela, is in the fourth quartile when it comes to the bounce back rating, which considers a country's ability to restart its manufacturing sector.

Image Source

India has been ranked as the world's second-most-desired manufacturing hub after China. The country surpassed the US to secure the second spot. India could benefit from relocations from China to other parts of Asia because it already has a strong base in engineering, pharmaceuticals, and chemicals, all of which are still at the centre of trade tensions between the US and China according to Cushman and Wakefield 2021 Global Manufacturing Risk Index. According to the report, reforms in land and labour laws are essential to India's success as a global manufacturing hub. The baseline scenario prioritises a country's operating conditions as well as its cost competitiveness. Automotive manufacturing and Electronic components are led by Jiangsu and Guangdong, while chemicals and natural resources are concentrated in Liaoning and Zhejiang. Because of its large consumer market and state and federal incentives, the United States is a desirable hub. Indonesia outspent India and Vietnam in terms of cost, while China maintained its lead. Indonesia has risen to second place from fifth while India has dropped to third place. Falling rents in Jakarta have aided the country's cost-effectiveness, which has pushed it up to three places. While Vietnam's wages are lower than China's, the country is increasingly competing with lower-cost countries. In the meantime, Thailand's cost profile has pushed it up to fifth place from eighth. Colombia rose from 15th to eighth place, with labour costs compared to those in Asia. On the other hand, India is nowhere near the top of the risk scenario that considers lower levels of political and economic risks. India is assembled with Colombia, Italy, Belgium, Malaysia, Romania, Indonesia, Bulgaria, Thailand, Hungary, Peru and Vietnam in the third quartile of the rankings. China leads the first quartile, followed by Canada, Finland, the United States and the Czech Republic. Lithuania, France, the Netherlands, Japan, Spain, Poland and the United Kingdom are among the countries in the second quartile. India, like Peru, Philippines, Sri Lanka, Indonesia, Mexico, Vietnam, Bulgaria, Thailand, Tunisia, and Venezuela, is in the fourth quartile when it comes to the bounce back rating, which considers a country's ability to restart its manufacturing sector. Image Source

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement