Editor's Note

A Conducive Ecosystem to Long Term Growth

While China has become Asia's manufacturing hub in the last decade, India's growth has been focused on the services sector. According to Cushman & Wakefield's 2021 Global Manufacturing Risk Index, India has emerged as the second most sought after manufacturing destination across the world indicating the growing interest shown by manufacturers in India as a preferred manufacturing hub over other countries, including the U.S and those in the Asia-Pacific region.

The rising focus on India can be attributed to India's operating conditions and cost competitiveness. Also, the country's proven success in meeting outsourcing requirements has led to the increase in the ranking year on year. Last year, India and the US switched places--second and third---taking India one rank above from the rankings released last year, when India stood at the third place....  >>More