These amazing facts about India’s manufacturing sector show India could soon beat the US, but is still far away from catching up to China

According to United Nations estimates, China displaced the United States as the largest manufacturing nation in 2010. In 2015, according to the U.N. figures, China’s value added in manufacturing reached $3 trillion, compared to $2.2 trillion for the United States. While India was still stuck at $311 billion behind China, US, Japan, Germany and South Korea

Manufacturing is more significant in India, relative to the size of the economy, than in the United Kingdom, France, US and Canada, but much less important than in Indonesia, Japan, Germany, China, and South Korea

High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.

When talking about manufactures we’re talking about chemicals, basic manufactures, machinery and transport and miscellaneous manufactured goods. 16 years back (2000) China was at 88% and US was at 83%, while India looked far behind at 78%. US and India both took a deep hit in 2015 while China gained momentum.