India, currently 11th on the list, is expected to jump up to as high as fifth place in the upcoming 2016 Global Manufacturing Competitiveness Index report from Deloitte Touche Tohmatsu Limited's (Deloitte Global) Global Consumer & Industrial Products Industry group and the US Council on Competitiveness (Council).

 The 2016 Global Manufacturing Competitiveness Index forecasts that the top eleven countries will remain consistent between now and 2020, with some exchange of rankings.

In addition to China and the United States retaining the top two spots, Germany and Japan will remain at third and fourth respectively. South Korea, Canada and Singapore are expected to drop one spot each due to India's rise, while Taiwan and the UK are expected to drop two spots. Mexico, meanwhile, is expected to move up from eighth to seventh.

The next nine spots, however, show how the industry anticipates that developing markets will continue to mature and become more formidable over the next five years. Malaysia is expected to rise from 17th to 13th, Vietnam from 18th to 12th, and Indonesia from 19th to 15th.  Conversely, European nations including Switzerland, Sweden, Poland, and the Netherlands are expected to drop as many as six spots in their ability to compete.

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