Electronics and Semiconductor Manufacturing Industry

[helin]

Getting all that isn't entirely in our hands, it depends on (((foreign cooperation))) to start with.

In the 80s and 90s China got that in droves, Deep State and Corporates were entirely in sync, signing FTAs with China, getting them in WTO and appeasing them in general.

Here nobody wants FTA with us among the consooming countries, being insistent on us allowing agricultural imports knowing we won't agree, export competitiveness is nowhere are close as the SEAsian countries.

Before Gobi we also had a total sellout class of politicians/bureaucrats allowing the dhandhos to import everything instead of buying local since it was so cheep, domestic producers could never compete, today in mobile phone manufacturing whatever you see is because we have hiked duties on direct imports so you have assembly shops atleast and Samsung/Apple export some portion of the production because it meets their own corporate objectives.

others just have their big production/assembly sites in Vietnam.

China also has the unique benefit of no elections, no freebies and not "socialist" drama, they can afford to give generous subsidies and loans to factories, and workers just work without going for union chimpouts that are hard even for politicos like Stalin to stamp out.

They can build and overbuild Infra because there are no mob protests and no PILs filed and no Meelards freezing land acquisition or infra building.

This is an illusion of China's development model. China's development is not as smooth and easy as the above mentioned. The process is full of hardships and difficulties, and the price paid is also very high, there are successes and failures.

 

[Azaad]

https://swarajyamag.com/news-brief/india-plans-5-billion-incentive-scheme-to-promote-local-manufacturing-of-electronics-componentall-about-it

 

[FalconSlayers]

View: https://x.com/lakshmishaks/status/1860980639245455457

 

[TopWatcher]

After a brief period of actually helping this thing has single-handedly caused perhaps the most damage; as it gave this false sense of security that we're the IT superpower. We didn't bother focusing on 99 other extremely important industries, we started closing down non-IT programs in colleges, obviously because students stopped taking admissions in anything else, the most crucial phase of a child's life (9th to 12th) got wasted becoming coaching-zombies...all mostly for jobs that everyone else thought to be too menial to do.

A true IT superpower outside Silicon Valley would be something like Tel Aviv, where the importance of work being done Vs people engaged in doing that is significantly higher.

IT Superpower for us is very much like those 1974 fibreglass helmets that we wear so proudly. For the soldiers it give a false sense of security but in reality it'd crumble as soon as engaged.

Every country need one sector which should boom & encourage other sectors to build.

What IT sector does for India:-

1. Bring more money to India
2. Bring more taxes to govt.
3. Promote indirect jobs and other sectors to flourish.
4. Now we have money, can invest in other areas and promote other industries.
5. Middle class created, increases their buying power and due to this other sectors flourishing.
6. Thru IT people scattered across world and get recognition, now same image used in other areas. This promoted our credibility in other sectors also across world.

I m not saying we doing big thing in IT, i am saying it brings money and help out to build other sectors.

 

[FalconSlayers]

View: https://x.com/bsindia/status/1861358827112907106

 

[Ayan Barat]

Every country need one sector which should boom & encourage other sectors to build.

What IT sector does for India:-

1. Bring more money to India
2. Bring more taxes to govt.
3. Promote indirect jobs and other sectors to flourish.
4. Now we have money, can invest in other areas and promote other industries.
5. Middle class created, increases their buying power and due to this other sectors flourishing.
6. Thru IT people scattered across world and get recognition, now same image used in other areas. This promoted our credibility in other sectors also across world.

I m not saying we doing big thing in IT, i am saying it brings money and help out to build other sectors.

Yes, I totally agree with you.

Post World War Japan started with just electronics and automobiles. The inflow that happened was more or less completely used in developing other sectors like healthcare, robotics, railways. UAE, like all Middle Eastern countries started with just oil but almost instantly realised that reserves would dry up one day and the result is what we see today; aviation, real estate, tourism, finance. India started its journey with using its IT talent to attract MNC and foreign investment. But as we know, Indian people are always striving to become the global pioneers and soon all the revenues were used to prop up other sectors like electronics, semiconductors, automobile, pharmaceuticals, aerospace. South Korea too was known just for its shipbuilding. But now they've successfully used that inflow to become leaders in electronics, steel, automobile, IT.

Now let's come to reality
Three of the aforementioned cases are what has happened and one is what could have happened. And I'm damn sure I don't need to tell you which one.

Let's leave all the different sectors that could have been developed using the money from IT exports and just talk about these IT firms. Out of the infamous WITCH, how many do you think truly diversified with the revenue instead of just keep doing what they were doing decades ago?

 

[Anants]

Yes, I totally agree with you.

Post World War Japan started with just electronics and automobiles. The inflow that happened was more or less completely used in developing other sectors like healthcare, robotics, railways. UAE, like all Middle Eastern countries started with just oil but almost instantly realised that reserves would dry up one day and the result is what we see today; aviation, real estate, tourism, finance. India started its journey with using its IT talent to attract MNC and foreign investment. But as we know, Indian people are always striving to become the global pioneers and soon all the revenues were used to prop up other sectors like electronics, semiconductors, automobile, pharmaceuticals, aerospace. South Korea too was known just for its shipbuilding. But now they've successfully used that inflow to become leaders in electronics, steel, automobile, IT.

Now let's come to reality
Three of the aforementioned cases are what has happened and one is what could have happened. And I'm damn sure I don't need to tell you which one.

Let's leave all the different sectors that could have been developed using the money from IT exports and just talk about these IT firms. Out of the infamous WITCH, how many do you think truly diversified with the revenue instead of just keep doing what they were doing decades ago?

Forget developing other sectors , they could not even spin off s/w product division. I use to cringe and knew in my heart that chinese are going lunge forward in IT and software space ahead of India almost 2 decade ago, when i started seeing qq keyboards and qq messenger integration requestion to mobile os vendors by chinese telecom. At that time we all use to brag "indian s/w powerhouse" as compared to China. Honhaar poot ke hout hain chikne paat.. i could see where they would be going decade later. Compared to top tier indian services company hr shutting up a newly recruited intern when he/she asked whether there is any plan to transition to products ftom services almost two decades back. It dawned on him/her when that company held ibm as role model - it was only talking about its services division.

 

[TopWatcher]

Forget developing other sectors , they could not even spin off s/w product division. I use to cringe and knew in my heart that chinese are going lunge forward in IT and software space ahead of India almost 2 decade ago, when i started seeing qq keyboards and qq messenger integration requestion to mobile os vendors by chinese telecom. At that time we all use to brag "indian s/w powerhouse" as compared to China. Honhaar poot ke hout hain chikne paat.. i could see where they would be going decade later. Compared to top tier indian services company hr shutting up a newly recruited intern when he/she asked whether there is any plan to transition to products ftom services almost two decades back. It dawned on him/her when that company held ibm as role model - it was only talking about its services division.

That i already said in my last line.

 

[Anants]

That i already said in my last line.

Mate your last line consisted two parts. First part obvious. And second part a wish or statement far from reality. Its took a govt after two decades of it boom to make attempt at expanding to other sectors. I am saying attempt because how it plays is yet to be seen.