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Mexico, among the most competitive within 5 years: Deloitte

Admin | 20.02.2013

Mexico will rank among the 15 most competitive manufacturing countries in the world within five years, according to the study “2013 Global Manufacturing Competitiveness Index”, prepared by Deloitte, the consultants firm.

Mexico will rank among the 15 most competitive manufacturing countries in the world within five years, according to the study “2013 Global Manufacturing Competitiveness Index”, prepared by Deloitte, the consultants firm.

Deloitte estimates that, even if manufacturing industry in Mexico has shrunk in the last few years, going from 6th in 2012 to 13th in 2012, this year the branch will significantly push up Gross Domestic Product (GDP) growth.

This will mainly arise from the growth generated by external demand in the USA, while to achieve a better position, Mexico should work in areas such as innovation, taxes, raw material costs, labor, legal system and infrastructure, among others.

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