The end goal is progress and prosperity. Semiconductors are one of the few areas where there is rapid progress. Depriving your large working age population of the tools they need to improve their lives is counterproductive. The problem statement at hand is that you have a poor country plagued by graft and bureaucracy with the only sliver of hope being technology that can create upward mobility for your billion+ people.
Tells me how little you know about the country. And that's okay. There are several "rich" countries that are also plagued by graft and bureaucracy. And no, they aren't as happy as Economist indices would tell you.
There are two parts in this comment - poor country ; plagued by graft & bureaucracy
Latest Indus valley report[1] states that about 1Bn people (India3) are in economic condition equal to sub-saharan countries condition. In that sense large part of the country is still poor.
In response to minister Piyush Goel's rant in the latest startup event, a startup founder posted this on reddit which details how the country is plagued by graft & bureaucracy [2] . This is just one rant. Twitter is flooded with actual experience of many.
