Baja California Sur's industrial activity grew 11.6% during May 2024, placing the state as the fifth fastest-growing in the country, according to the Monthly Indicator of Industrial Activity by State (IMAIEF).
The increase reflects the prosperity of the manufacturing industry through various sectors such as electronics, electrical, automotive, aerospace, and logistics, as well as evidence of the contributions to job creation and economic development that attract investment.
In the IMAIEF data prepared by the National Institute of Statistics and Geography (Inegi), it was highlighted that Baja California Sur ranked above other states such as Aguascalientes, Baja California, Campeche, Coahuila, Colima, Chiapas, Chihuahua, Mexico City, Guanajuato, Hidalgo, Jalisco, State of Mexico, Michoacán, Morelos, Nayarit, Nuevo León, Puebla, Querétaro, San Luis Potosí, Sinaloa, Sonora, Tamaulipas, Tlaxcala, Veracruz, Yucatán, and Zacatecas.
During the same period, the states with the highest growth in the country were Quintana Roo, Oaxaca, Durango, and Guerrero.
So far in 2024, the state of Baja California Sur has also confirmed several Foreign Direct Investment (FDI) projects as part of nearshoring, which provides new opportunities for the manufacturing industry; therefore, authorities expect this year to conclude with record economic development figures.
