Sep 05

India loses out on Intel’s semiconductor investment

It would seem so. It has come out many times in the past, that with so many vested interests in each decision making, decision, especially in policy matters take forever to happen. As an example of such decision making and the influences that go into the whole process, people would remember the entire fuss about the initial license to Reliance for running Wireless in Local Loop and how that got converted into a license to run full-blooded cellular services using CDMA. There are umpteen other examples that I can list out, but let me just take a few – the whole issue about SEZ is nothing but a policy in which there are so many parties wanting to participate that things are out of control; there was the whole matter about the upgradation of the Delhi and Mumbai airports and that took a very long time to bet converted into actual contracts; the discussions about whether airlines can fly out of India before 5 years of domestic flights is subject to intense lobbying; and finally the current issue about awarding of 3G contracts and distribution of spectrum to the rival GSM and CDMA players.
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