Industrialisation has long been acknowledged as a potent driver of economic progress across countries and region. In India, for instance, the rise of manufacturing in rural areas has lifted millions out of poverty, with industries in textile and automotive manufacturing driving development in traditionally underserved regions, for rapid economic growth.
China, too, has in under 45 years, transformed from a struggling agrarian economy to an industrial powerhouse that produces nearly half of all industrial commodities in the world.