<h1>Manufacturing Growth Depends on Innovation, Skilled Talent, and Policy Support for Advanced Technologies</h1> A report by a global venture capital firm highlights that a country's manufacturing sector can surpass global competitors by shifting from low-cost production to an innovation-driven approach. Key growth areas identified include precision engineering, aerospace, electric vehicle components, semiconductors, robotics, and advanced materials. The report emphasizes the need for alignment of policy support, capital investment, and skilled talent to capitalize on favorable macroeconomic conditions and supply chain realignments. It stresses that competing solely on labor cost is unsustainable and future success depends on complex manufacturing capabilities supported by strong intellectual property. The findings call for risk-tolerant capital, global market orientation from inception, and urgent upskilling in advanced technologies such as AI, robotics, additive manufacturing, and IoT. Execution challenges remain, but the report underscores that this decade presents a critical opportunity to establish a leadership position in global manufacturing through innovation and technology adoption.