Industrial development

The wheels of industry have been a major driver of economic growth since the first Industrial Revolution, enabling education, innovation, employment, and economic diversification and advancing GDP per capita across the world. Thanks to continued advances in technology, the advent of mass production increased productivity and reduced unitary costs, making products and services more accessible and improving the quality of life for millions of people. Today, industrial development remains at the core of most national strategies, whether the goal is catching up or challenging the status quo.