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The Economic Times

Economy / The Economic Times

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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.

7 Jul 2026 6:01 pm