The World Economic Forum (WEF) has released its report ranking countries in global manufacturing positions.
In the ‘Readiness for the future of production report’, Japan was awarded the top spot, due to its structure of production.
The Geneva-based company then rated South Korea second, followed by Germany, Switzerland, China, Czech Republic, the US, Sweden, Austria, and then Ireland.
India was ranked 30th, ahead of fellow BRICS nations, such as Russia who ranked 35th, Brazil’s spot at 41, and South Africa at 45.