CURRENT AFFAIRS

Detailed explanation-1: -The correct answer is Gujarat. Gujarat state’s Gross Value Addition (GVA) has grown at 15.9 per cent annually (in manufacturing) on average between FY’12 and FY’20 to touch Rs 5.11 lakh crore, according to data released by the Reserve Bank of India.

Detailed explanation-2: -Tamil Nadu is the state with the largest number of factories in India, and its capital city Chennai is the largest industrial and commercial center of South India.

Detailed explanation-3: -Gujarat has pipped Maharashtra to emerge the largest manufacturing hub in the country, with the former’s Gross Value Addition (GVA) in manufacturing growing 15.9 per cent annually on average between FY12 and FY20. The annual growth rate of Maharashtra in 2020 was 7.5%.

Detailed explanation-4: -Major manufacturing hubs in India include Mumbai and Pune in Maharashtra, Gujarat, Tamil Nadu and West Bengal. A major downside to manufacturing in India is the current lack of infrastructure.

Detailed explanation-5: -China makes up 28.7% of the total global output for manufacturing. This accounted for nearly $4 trillion of the country’s overall economic output in 2019. Although the United States used to be the world’s top manufacturing hub, it has been over 10 years since China claimed the top position.