manufacturing clusters

Manufacturing clusters are geographic concentrations of interconnected businesses, suppliers, and institutions in a specific industry. These clusters enable companies to collaborate, share resources, and access a skilled workforce, which can lead to increased efficiency and innovation. For example, a region known for automotive manufacturing might have carmakers, parts suppliers, and research institutions all close together. This proximity fosters competition and cooperation, driving growth and improving overall productivity in that industry. Ultimately, manufacturing clusters can enhance local economies and contribute to global competitiveness.