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India’s manufacturing output reaches $456 bn, China notes

According to a post from China's official newspaper, Global Times, India has secured the fifth position in a list of the world’s top ten countries by manufacturing output.

News Arena Network - New Delhi - UPDATED: August 4, 2024, 08:38 PM - 2 min read

Image for representative use only.

India’s manufacturing output reaches $456 bn, China notes

Image for representative use only.


India is solidifying its status as a manufacturing powerhouse, with even its neighbour China acknowledging the country’s rise in the global manufacturing landscape.

 

According to a post from China's official newspaper, Global Times, India has secured the fifth position in a list of the world’s top ten countries by manufacturing output.

 

In its post shared on the social media platform X, Global Times stated, "China remains the world’s manufacturing powerhouse. India has made it to the top 5 with a manufacturing value added of $456 billion."

 

The report, which cites data from the World Bank, indicates a significant shift in how China views India’s manufacturing capabilities.

 

The list places China at the forefront, boasting a staggering manufacturing output of $4,659 billion.

 

The United States follows in second place with $2,497 billion, while Germany and Japan occupy the third and fourth spots, with outputs of $845 billion and $818 billion, respectively. India’s achievement at fifth place, with $456 billion, signals a noteworthy advancement in its manufacturing sector.

 

This acknowledgement from Global Times, known for its historically critical stance on India, reflects a softening tone toward India amid increasing tensions between the two nations.

 

The changing dynamics are likely influenced by the ongoing border disputes, particularly the clash between Indian and Chinese troops in Galwan, which has prompted China to reassess its perspective on India.

 

India’s economic growth and its push towards becoming a major manufacturing hub have been further highlighted in recent articles from Global Times.

 

Earlier this year, the publication commended Prime Minister Narendra Modi’s government for its rapid economic development and reforms, emphasizing India's position as the fastest-growing power in the world.

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