Manufacturing is strength, and therein lies future

Call me old-fashioned - but I'm still one of those votaries of traditional manufacturing, yet to be swayed by the modern notion that 21st century economies are better fueled by a successful services industry.

Most of my friends here and back in India tease me that I am stuck in a time-warp and have got my priorities all mixed up. But I beg to differ.

While there is still little evidence to prove that manufacturing is growing again globally, I am comforted by the steady flow of indicators, which show it has at least started to recover from the abyss.