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Comments by "Raju" (@rajx7120) on "India's Semiconductor Failure" video.
@tushar4evr776 Exactly, Socialist mindset and tax terrorism which is legacy of our Congi past, has to end.
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Socialist mindset kills capex spending. We need more right wing economic thought.
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Socialist ideologues of Congress are against capex spending like semiconductor foundries. We need more right wing economic thinking in India.
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@kushagravlogs5627 There is no need to reinvent the wheel. In fact, semiconductor manufacturing is a monopoly of a handful of Dutch, Japanese and Taiwanese companies. Even China has failed badly at this, and is buying directly from Dutch companies. But the machines cost in billions, and come under capex spending. And yes, Modi government has finally agreed to spending. Intel had approached UPA government in 2007, but socialist minded UPA rejected the proposal. Under Modi, we are much more likely to get manufacturing machines. So, it is UPA that failed not Modi.
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