The current approach to nurturing a domestic tech ecosystem, characterized by typical GOI quasi operational involvement and a non-strategic scattershot of incentives and subsidies; is fundamentally flawed. It's a low-yield strategy rooted in outdated industrial policy.
India's best bet isn't to be a competitor; it's to be the gatekeeper to a billion-plus consumer market. The immediate, high-ROI move is to shift the GOI's function from that of a hands-on operator to a strategic and ruthless policy architect.
My proposal? Pivot from carrots to tollgates.
Discard incentives (carrots) for mandatory requirements (tollgates).
Like China, use the 1.3 billion-person market as leverage:
• Want to sell iPhones or Pixels? Build it here.
• Want to sell Search or Social? Keep the data here. Leverage Sovereign Data.
This market-access mandate solves the tech lag far better than bureaucrats designing "Make in India" programs. Compel, don't subsidize.
SPEL is been there for many decades but we in India lack Vision. That's why all this atmanirbhar etc.. seem rhetoric and fizzles off after few months. We never follow things up. I don't want to be sarcastic but couldn't help. Sorry
Hahaha, we totally get your frustrations. However, we also feel like this time is a little different from the 80s. Much like in electronics, the focus has been on getting foreign know-how to help build out domestic industry, so it's less autarkic than before. But we do agree that only time will tell if this succeeds
The Tower Semiconductor and Adani deal falling through was relly a missed opportunity for India's semiconductor ambitions. Tower has strong expertis in analog and power semiconductors, which are crucial for automotive and industrial applications. The challenge is that fabs need consistent demand to remain economicaly viable, and perhaps India's domestic market isnt quite mature enough yet to support such investments. Still, the TSMC Tata partnership is promising and shows that incremental progress is the way forward for now.
The current approach to nurturing a domestic tech ecosystem, characterized by typical GOI quasi operational involvement and a non-strategic scattershot of incentives and subsidies; is fundamentally flawed. It's a low-yield strategy rooted in outdated industrial policy.
India's best bet isn't to be a competitor; it's to be the gatekeeper to a billion-plus consumer market. The immediate, high-ROI move is to shift the GOI's function from that of a hands-on operator to a strategic and ruthless policy architect.
My proposal? Pivot from carrots to tollgates.
Discard incentives (carrots) for mandatory requirements (tollgates).
Like China, use the 1.3 billion-person market as leverage:
• Want to sell iPhones or Pixels? Build it here.
• Want to sell Search or Social? Keep the data here. Leverage Sovereign Data.
This market-access mandate solves the tech lag far better than bureaucrats designing "Make in India" programs. Compel, don't subsidize.
SPEL is been there for many decades but we in India lack Vision. That's why all this atmanirbhar etc.. seem rhetoric and fizzles off after few months. We never follow things up. I don't want to be sarcastic but couldn't help. Sorry
Hahaha, we totally get your frustrations. However, we also feel like this time is a little different from the 80s. Much like in electronics, the focus has been on getting foreign know-how to help build out domestic industry, so it's less autarkic than before. But we do agree that only time will tell if this succeeds
The Tower Semiconductor and Adani deal falling through was relly a missed opportunity for India's semiconductor ambitions. Tower has strong expertis in analog and power semiconductors, which are crucial for automotive and industrial applications. The challenge is that fabs need consistent demand to remain economicaly viable, and perhaps India's domestic market isnt quite mature enough yet to support such investments. Still, the TSMC Tata partnership is promising and shows that incremental progress is the way forward for now.