Signs of manufacturing growth in India

The global manufacturing sector has undoubtedly experienced mixed fortunes over the previous decade. 2008’s global Great Recession had extensive, far
reaching consequences for all of industry, contributing to a significant fall in manufacturing demand and productivity in developed nations. It was only in the last couple of years that the manufacturing industry identified the green shoots of recovery and although the fallout from the recession can still be felt, it appears a promising level of stability has returned to the market and a number of nations are experiencing steady growth again.
This is especially true of manufacturing in emerging markets. Take India, for example. According to The Economic Times, India’s manufacturing and services growth rose at a faster pace than China during February. This growth is positive regardless of competition with other nations and as its infrastructure improves India will no doubt go from strength to strength.

While some companies may be wary of the current performance of emerging markets, we at Hansford Sensors see manufacturing growth in India as a promising sign and also a big opportunity. This is why we’ve opened a new office in India, which will further strengthen our position in the Indian manufacturing market and further enhances our service provision to existing and new customers. By delivering the same high level of service and product quality that has led to us becoming the market leading provider of accelerometers in 44 countries, we are confident we can replicate this success in India.