International News From the Field: India
There is lots of good news to report from India, not the least of which are the economic stats. The manufacturing PMI remains healthy at 52.3, and the GDP is still projected to grow by 9% in 2021. In a recent C&W report, India ranked No. 2 in the world ...
International News From the Field: Europe
This week we focus on Russia, the fifth largest economy on the European continent and the world’s 11th largest in terms of nominal GDP at $1.6 trillion. It remains both a major economy and a major market, and it remains on AMT’s radar for member ...
VP Harris Trip to SE Asia Consistent with AMT Global Services Strategy
The market potential for manufacturing technology in Southeast Asia led to an AMT initiative to develop services to build and expand its members' market share there.
International News From the Field: India
India’s industry is humming along at a pre-pandemic pace, if not better. The PMI is above 55. Vehicle sales are up 34% YOY, with commercial vehicles up 165%. The new Vehicle Scrappage Policy was launched, which will attract billions of dollars in new ...
International News From the Field: Europe
This week, we focus on the Netherlands, the seventh largest economy of Europe and fifth within the European Union (EU), a small country with a large economy. Its GDP is over $1 trillion. Famous as a food and plant exporter ...
Global Markets are Blossoming
The United States is experiencing a rebound in manufacturing that increasingly strains and tests traditional supply chains. As a result, U.S. manufacturers are rethinking how they manage risks associated with supply chains.
International News From the Field: India
Due to the pandemic’s second wave in India, June’s manufacturing Purchasing Managers’ Index (PMI) contracted, dipping below 50 for the first time in 11 months. However, the worst is over, and the business resumption index jumped from 92% to 96% last week.
International News From the Field: Europe
The fourth-largest economy of the European Union (sixth in Europe overall), Spain, with a nominal GDP of about $1.5 trillion, was particularly affected by the pandemic. The recovery has been slow. However, the forecast for the year is for 5% growth.
International News From the Field: India
Since the second week of May, the effects of India’s COVID-19 resurgence that has held the world’s attention have subsided. The lockdowns are easing, and local businesses are opening again.
Human Tragedy and Economic Triumph in India
The ADB still predicts India’s GDP will rebound strongly at 11% in FY 2021 due to continued economic recovery stimulated by increased public investment, the vaccine rollout, and the surge in domestic demand.