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capmidnite
Asianometry
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Comments by "capmidnite" (@capmidnite) on "India's Semiconductor Failure" video.
12:49 I wonder why Indian had customs duty on fab equipment? Typically such duties are to protect domestic makers of such equipment. Which don't exist in India, I believe?
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@geraldh.8047 True but I always thought customs duty as a steady revenue source for the government was more of a 19th century idea, before taxes.
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@yixuanzhong6568 Right, but does India have a significant foundry production machinery industry that needs to be protected? Not the fab industry but the actual equipment.
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