Book Review | India almost middle income, yet needs to become thinking nation – The Asian Age

The authors are completely against the idea of the government giving subsidies to companies for setting up industries especially in manufacturing of electronics and semiconductors. Are we better off dominating chip design with the thousands of additional engineers and scientists we will produce, and starting firms like Nvidia, Qualcomm or Broadcom, none of which fabricate their chips, or do we want to imitate China especially when we have much better relations with the chip manufacturing world