- Export
- 27 September 2023

India Emerging As One Of The Major Global Powerhouses, Surpassing China
India is emerging as one of the biggest manufacturing hubs and a powerhouse, surpassing China’s feat in the position. India’s “Make In India” initiative has brought these new changes in the country’s uplift and development, establishing partnerships with different countries. The trade growth of India has also increased significantly. In contrast, China’s trade growth has declined considerably following the important influencing events of the COVID-19 pandemic and Russia’s invasion of Ukraine, which changed the pattern of how companies operate and make business decisions in the global market.
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