Aug 092016
 

manufacturing countries

Also, India is ranked at 6th position among the world’s 10 largest manufacturing countries during 2015 only behind China, United States of America, Japan, Germany and Republic of Korea. India was ranked at 9th position during 2014.

As indicated in the annual publication ‘International Yearbook of Industrial Statistics’ of United Nations Industrial Development Organization (UNIDO), the growth rate of Manufacturing Value Added (MVA) of India was 5.5 % in 2014 and 7.6 % in 2015 while that of industrialized economies was only 1.0 % in 2014 and 1.5 % in 2015.

Contrbuted By Sonia Narula

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