Foxconn Plant In K’taka Will Catalyse Electronics Manufacturing, Deep Tech Ecosystem: MoS Chandrasekhar

MoS Rajeev Chandrasekhar on Thursday said Karnataka can become a technology hub and referred to the 300-acre plant being put up by one of the Apple Inc suppliers, Foxconn, just outside Bengaluru in that context.

He said the Foxconn facility shall open new opportunities for the youth and catalyse the electronics manufacturing and Deep Tech ecosystem.

The Minister also added that the Indian digital economy is no longer limited to certain centres of innovation. He said, “Innovation and talent are longer restricted to developed centres like Gurugram or Bengaluru but come from new and smaller cities.”

Chandrasekhar said that post-Covid as electronics global value chains are being re-shaped, India is becoming more and more relevant not just in terms of designing but also for manufacturing cutting edge technology and next generation products and devices.

He was addressing the Deep Tech Summit - Transformation Through Indigenous Innovation, organized by MeitY-NASSCOM Centre of Excellence (CoE) - IoT & AI in Bengaluru.