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India is now moving up the value chain from low-cost software services to manufacturing, offering tremendous opportunity in the areas of deep technology and technology driven transformation. Arun Kumar, former Assistant Secretary of Commerce for Global Markets and Director General of the US and Foreign Commercial Service in the Obama Administration, believes this is driven by good fundamentals, availability of international-standard talent, digital ubiquity, and advancement of India-US relationship. He believes this is an upbeat story on India.