“They could do scams worth thousands of crores, but they could not invest thousands of crores into semiconductor manufacturing.” This was Prime Minister Narendra Modi’s barb at the Congress party on March 13, 2024. Modi was speaking virtually at the foundation stone laying ceremony of semiconductor units in Assam. With the general elections barely a month away, Modi did not miss an opportunity to criticise the Congress for purportedly failing to set up a domestic semiconductor industry when it was in power. “This is why our government works with a forward-looking thought and futuristic approach,” Modi added. On February 29,...