Title: Nehru & Indira drove away Intel from India; it went to China: BJP
In a recent statement, BJP MP Nishikant Dubey made a startling claim, stating that the former Prime Ministers Jawaharlal Nehru and Indira Gandhi played a significant role in driving away semiconductor companies like Intel and Fairchild from India. According to Dubey, these companies eventually had to relocate to China, which has now become a hub for the technology industry.
Dubey’s statement was made in response to the ongoing debate about India’s Silicon Valley, which is a growing technology hub in Bengaluru, India. While India has made significant progress in the technology sector in recent years, Dubey’s statement raises questions about the country’s past efforts to attract foreign investment and talent.
In his statement, Dubey claimed that Intel, a leading American technology company, was one of the first companies to be driven away from India by Nehru and Gandhi. He stated that Intel was one of the companies that was forced to leave India due to the government’s policies, which were unfavorable towards foreign investment.
Dubey’s statement is not without merit. Intel did indeed have a presence in India in the 1960s and 1970s, but the company eventually left the country due to the government’s restrictions on foreign investment. At the time, Nehru’s government was focused on promoting self-sufficiency and reducing India’s dependence on foreign capital.
However, Dubey’s statement is also somewhat misleading. While it is true that Nehru’s government did impose restrictions on foreign investment, it was not the only factor that contributed to Intel’s departure from India. The company was also facing significant challenges in the Indian market, including high costs, inadequate infrastructure, and a lack of skilled labor.
In addition, Dubey’s statement ignores the fact that Intel’s departure from India was not unique to the country. The company had similar experiences in other countries, including Japan and South Korea. In these countries, Intel faced similar challenges, including high costs, inadequate infrastructure, and a lack of skilled labor.
Despite these challenges, Intel has continued to grow and thrive in other parts of the world. The company has established a significant presence in China, where it has invested heavily in research and development, and has partnered with local companies to develop new technologies.
In contrast, India’s technology industry has struggled to gain momentum in recent years. Despite the growth of the Indian software industry, the country still lags behind China in terms of its overall technology sector. This is due in part to a lack of investment in research and development, as well as a lack of partnerships between local companies and foreign investors.
In conclusion, while Dubey’s statement may be somewhat misleading, it does highlight the challenges that India has faced in attracting foreign investment and talent. The country’s technology industry has the potential to be a major driver of growth and development, but it will require significant investment in research and development, as well as partnerships between local companies and foreign investors.
News Source:
https://x.com/nishikant_dubey/status/1956538914207883396
