The infant that refuses to grow

Friday, March 13, 2015

Dire straits: Delta Dairies is among the casualties in the manufacturing sector

Manufacturing has proved to be the pivotal tool in sustained economic growth and job creation from the economic ascension of rich nations.

This has been seen with countries such as England over 300 years ago, and the industrialisation boom of economies such as the US, Germany and Japan in the 19th century.

Even with emerging 21st century economic powerhouses such as China, which is now the world’s largest manufacturing nation having overtaken USA in 2010, growth in physical volumes of manufacturing has been the key to prosperity.

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