The United Nations moved Indonesia onto the list of top 10 manufacturing nations, overtaking Russia and the U.K. as the archipelago works to encourage more industrial output amid shrinking revenue from volatile commodity exports.
China passed the U.S. to top the list, released, which ranks countries according to manufacturing value added, an indicator of industrial development.
Indonesia’s improved showing to No. 10, from 12th place the previous year, was based on its ability to keep its factories churning out goods during a global downturn, largely to feed domestic demand.
Contributed By Sonia Narula