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India is 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 (USFCS) in the Obama Administration, believes that India offers great potential due to its good fundamentals, availability of international-standard talent, and digital ubiquity. Advance manufacturing has made India competitive in manufacturing, and the country is now looking to capitalize on this opportunity.
