Thread

1. ramshanker · 1790428677 · focus · HN ↗

   Happy to hear India got mentioned by the same executive during that conversation. We are just started buying from them. I went to Semicon India 2026, held in delhi last week. The energy was amazing. Really pleasant. all big names including ASML.

   1. roenxi · 1790431375 · focus · HN ↗

      It's is heartening looking at a country like India and thinking that it only seems to be a little behind China on the same trajectory. The little flashes of news as they start settling in to more interesting and high tech industries. Whatever good or evil comes out of their growing geopolitical power at least that is another billion people with a clear enough path to wealth and prosperity.

      1. malshe · 1790438907 · focus · HN ↗

         > a little behind China on the same trajectory

         In my opinion, India is around 30 years behind China. This is unlikely to change for several reasons. However, the primary reason is that no Indian government ever had a manufacturing policy that comes close to China's. The service economy is strong but employs a tiny percentage of the population.

         Most of Indian government spending is on welfare followed by endemic corruption. It leaves very little money for nation building.

         1. logicchains · 1790489375 · focus · HN ↗

            Indian GDP per capita is predicted to reach $13k (China's current level) around 2050, so closer to 20 years behind.

            1. Shaanie · 1790502673 · focus · HN ↗

               India will as far as I'm aware get hit pretty hard by climate change too, which will be an additional hurdle for them to clear.

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