ChinaTalk β’ 148 implied HN points β’ 27 Feb 24
- India excels in software and design but faces challenges in manufacturing semiconductors due to historical economic policies that hindered growth in hardware and manufacturing sectors.
- India's approach to semiconductor industry development differed from Taiwan and China, starting from the design end rather than electronics assembly, posing challenges due to lack of a broader electronics ecosystem and global integration.
- Software industry in India thrived due to less restrictive regulations compared to hardware industries like semiconductors heavily controlled under small-scale industry reservations, hindering growth in manufacturing sectors.