Global Manufacturing Hit By War Shock, India Builds Economic Shield As Costs Soar Worldwide
Global Manufacturing Hit By War Shock, India Builds Economic Shield As Costs Soar Worldwide
Manvendra Singh Rajvanshi
- Updated Apr 2, 2026 7:51 PM IST
The West Asia war is shaking the foundations of global manufacturing, pushing input costs and shipping delays to multi-year highs. From South Korea’s surge to Germany’s “front-loading” panic and the UK’s contraction, the global factory floor is under stress. In India, manufacturing growth has hit a 4-year low, with gas rationing impacting industries. However, under Narendra Modi, the government is deploying a “garrison economy” strategy—cutting fuel taxes, easing duties, and stabilising the rupee—to shield consumers. As global supply chains strain, India is absorbing shocks to keep its economy steady amid uncertainty.
