the industry in India has evolved considerably, where value-addition is there and all of our companies will be advocating in favor of global sourcing because this enables our US companies to remain competitive globally.
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US Under Secretary, Bureau of Industry and Security and US Department of Commerce, Mario Mancuso (C) shakes hands with Indian Foreign Secretary, Shivshankar Menon (2L), Secretary General, FICCI, Amit Mitra (L) Director General, CII, S.S. Mehta (2R) and President, US India Business Council (USIBC) Ron Somers (R) during the 6th India-US High Technology Cooperation Group Meeting in New Delhi on February 28, 2008. The Federation of Indian Chambers of Commerce and Industry (FICCI), the Confederation of Indian Industry (CII), the Ministry of External Affairs, Government of India and the US Department of Commerce jointly organized the one-day conference.
the industry in India has evolved considerably, where value-addition is there and all of our companies will be advocating in favor of global sourcing because this enables our US companies to remain competitive globally.
I am confident that an Obama administration, whose leadership and advisers include many friends of India, will continue on this positive path.
I believe that we have to separate campaign rhetoric from actual policy and policy implementation ... President-elect Obama, just the other-day, articulated that India will be a priority in his administration and all of our companies now are engaged, not any longer in outsourcing, but in value-addition, which the Indian companies are providing, 24 hours a day, 7 days a week.
so we will be encouraging the Obama administration to take a very forward leaning view on partnership with India.
Let us not forget that Vice President-elect Joe Biden, a dear friend of India, is there and so I am very confident that this is going to be one of those great history-changing events where we have a young president that will resonate and be able to connect with a very useful demographic of India.