Thanks for the context. I remember this when this blog made the rounds originally. Didn't realize it's the same one that made HN front page again. Interesting that this is being floated around when India is trying hard to make a good foray into manufacturing.
On a related note, a former central bank (RBI) governor is trying to sabotage India's manufacturing aspirations. Inimical forces that aspirational Indians will face while they dig out of the current mess is unimaginably powerful.