Nashik's Samsonite Factory Becomes World's Largest, Surpassing Europe in Production
Maharashtra
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News18•29-01-2026, 22:36
Nashik's Samsonite Factory Becomes World's Largest, Surpassing Europe in Production
- •Nashik's Samsonite factory has been recognized in the Economic Survey report as the world's largest in terms of production, outperforming European units.
- •The report highlights the importance of integrated industrial clusters for India to become a global manufacturing hub, attracting foreign investment and boosting productivity.
- •Samsonite's success in Nashik is attributed to the availability of reliable suppliers, skilled labor, and a stable environment.
- •The Economic Survey emphasizes that proximity of companies, suppliers, and workers, along with shared infrastructure and knowledge exchange, drives rapid growth.
- •India's economy is projected to grow at 6.8-7.2% in FY 2026-27, with GDP estimated at 7.4% for FY 2025-26.
Why It Matters: Nashik's Samsonite factory leads globally, showcasing India's potential as a manufacturing hub through industrial clusters.
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