Something I really like about this post is that I think the high-level takeaway from this post is generally applicable far outside of the India AI industry. Sure, the specific application here is the AI industry and that's certainly the topic du jour, but I think this article does a great job of demonstrating how to think and see through the market distorting effects that subsidies produce, in order to figure out what the true cost structure and valuation in such an environment is.

Seems true but even at 2x that price people want some reliability. As someone that has used .gov.in services - it is unreliable. Yes, many gov services can be done online -great kudos (otherwise people will start personally attacking me for being unpatriotic). Portals like license, passport, Aadhar (identity) card sites frequently undergo so much down time.