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According to real estate consultant Cushman amp, Wakefield, India has overtaken the United States (US) to become second-most attractive manufacturing destination internationally.
Improvement in India’s ranking indicates that manufacturers are showing growing interest in India as a preferred manufacturing hub as compared to other countries, including the US and countries in APAC region.
Focus is shifting towards India because of its operating conditions and cost competitiveness. Furthermore, India’s proven success in meeting outsourcing requirements has helped in improving the ranking year on year.
By: Brijesh Kumar ProfileResourcesReport error
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