When it comes to components, India has always had a poor track record of sticking to the International pricing. If something launches Internationally for $699 (Rs. 47,500), you’d expect to get it at the same rate but what you end up paying is Rs.63,250 (that’s roughly 35% more). There’s the ever-prevalent import tax which by nature is supposed to help protect the interests of Indian hardware manufacturers. Then there’s the fact that these are considered a luxury item and hence, the tax makes for an additional stream of revenue for the exchequer. However, when it comes to silicon chips, there are no Indian companies whose interests need to be protected. Wikipedia has an elaborate list of silicon fabrication plants of which there’s only one Indian fab, owned by ISRO. So obviously we should have import taxes to ensure big companies like Intel, AMD and NVIDIA should use ISRO’s facilities for manufacturing chips, right?
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