00:00India has officially overtaken China to become the world's top manufacturing hub,
00:05marking a major shift in the global economic landscape.
00:09According to the latest World Bank and IMF data,
00:12India's manufacturing output grew by over 12% this year.
00:17Fueled by rapid infrastructure growth, foreign investment,
00:20and government initiatives like make in India,
00:23rising labor costs and regulatory hurdles have slowed.
00:27China's industrial dominance.
00:29Experts say this realignment could reshape global supply chains,
00:33with India emerging as the new engine of global growth.
00:37Stay tuned as we track this historic shift in real time.
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