Apple-Foxconn Karnataka plant to catalyse manufacturing, deep-tech: MoS IT

The recent announcement of 300-acre Apple-Foxconn plant in Karnataka reflects the state's significant progress in electronics manufacturing, and will catalyse the entire electronics and deep-tech ecosystem, Union minister Rajeev Chandrasekhar said on Thursday.

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

The Minister of State for Electronics and IT was addressing the Deep Tech Summit organised by MeitY-NASSCOM Centre of Excellence (CoE) - IoT (Internet of Things) and AI (Artificial Intelligence), in Bengaluru, an official statement said.

After the Modi government took over, opportunities in the digital economy space have expanded rapidly and cover areas such as internet consumer tech, AI, data plus economy, electronics, automobiles and space.

"Under PM Narendra Modi governme