Around the world, growth patterns and sources of competitiveness are changing dramatically with emerging economies becoming key players as the United States (US), the European Union (EU) and Japan continue to face slow growth. Given the opportunities and challenges that the global picture poses, firms must be able to formulate their strategies from this global perspective to adapt to changing market trends. The government needs a strong, diversified, inclusive and sustained growth model where the industrial sector plays a key role in generating investment, employment, and innovation. To lay the foundations that would allow manufacturing to become a major growth driver, it must be transformed and upgraded.
