South Asia’s Expanding Industrial Base, Anchored by India
India provides the region's industrial scale and Bangladesh is driving the fastest export-led expansion.
India provides the region's industrial scale and Bangladesh is driving the fastest export-led expansion.
Manufacturing is expanding steadily in absolute terms, but India’s growth model remains firmly services-led.
While PMI remained cautious and marginally contractionary, steady export demand and resilient output kept manufacturing on a modest but stable growth path.
Egypt anchors domestic manufacturing scale, Morocco leads industrial export integration and Tunisia is a high-intensity specialist.
The implications of India’s rise will be substantial and complex, and global businesses must take note of opportunities to leverage the unfolding Indian Century.
With rapid GDP growth, expanding trade networks and investment inflows, Southeast Asia retains its enduring appeal as a vital destination for multinational corporations seeking to diversify their supply chains and tap into Asia's growing consumer markets.
Africa has not yet developed a comprehensive manufacturing base and must still import most of its manufactured goods. But Africa’s potential for industrial takeoff remains, and recent advances across the continent are creating promising new opportunities for investors.