According to the World Bank, the US and Euro Area economies had substantial declines of 3 6 percent and 7 4 percent in FY 2020 respectively, resulting in a 4 3 percent slowdown in the global economy However, while Asian countries are expected to make a strong comeback, but still many economies will witness contracts until the end of 2021  With the rollout of the vaccine, across the world in 2021 the global economy is expected to expand by roughly 4 in 2021 However, in January 2021 the World Bank stated in its Global Economic Prospects that the recovery will be slow unless governments around the world take effective action to control the pandemic and begin implementing investment enhancing reforms, as well as vaccination campaigns, strict health policies, and financial support

Report Synopsis

Objective of the Study

Global Economy and Performance of Manufacturing Industry

United States Economy and Performance of Manufacturing Industry

China Economy and Performance of Manufacturing Industry

Japan Economy and Performance of Manufacturing Industry

Germany Economy and Performance of Manufacturing Industry

Indian Economy and Performance of Manufacturing Industry