Path to Self Reliance
In Covid times, our Prime minister, Mr. Narendra Modi has given slogan of self reliant India. What does that mean? Does it mean that we produce everything what we need internally in India? Now the question arise, is it possible? Can we do that? In entirety i don't think this is possible even and we have to depend on outside world for some of our needs. Biggest share of our imports are crude oil, electronics, precious metal & machinery. Out of these we can't produce crude oil or previous metals as they are mostly located in few geographies only. Electronics is one area where imports have grown exponentially in recent past and it will continue to grow in near future also. Can we make everything that we need in electronics? I will let you to decide. Let me take one example of mobiles phones in this category and iphone in particular, though this is more or less same for other mobile devices makers. Mobile phone required following. Chipset, Apple uses its own Application proces...