CONNECT WITH US
Tech

Tech

UP moving from assembling phones to making microchips, building digital economy: Adityanath

CNBCTV18 - Tech logo

Published on

Add as a preferred source on Google
UP moving from assembling phones to making microchips, building digital economy: Adityanath

Stock Market Stocks to Watch Nifty Outlook Gold and Silver Stocks to Buy PM-KISAN

UP moving from assembling phones to making microchips, building digital economy: Adityanath

Chief Minister Yogi Adityanath on Tuesday, October 6, said Uttar Pradesh is moving beyond assembling mobile phones to manufacturing microchips and building the foundations of a future digital economy, with investments in semiconductors, data centres and artificial intelligence.

Chief Minister Yogi Adityanath on Tuesday, October 6, said Uttar Pradesh is moving beyond assembling mobile phones to manufacturing microchips and building the foundations of a future digital economy, with investments in semiconductors, data centers and artificial intelligence. In a post on X in Hindi, he said the state had undergone a major transformation since 2017, with the ”double-engine government” translating Prime Minister Narendra Modi’s vision of ’Make in India’, ’Digital India’ and ’Aatmanirbhar Bharat’ into policy, investment and production. ”Today, Uttar Pradesh is becoming a producer of technology. From assembly to AI, this journey is not merely about technology, but also about employment, entrepreneurship and prosperity for our youth. UP is moving from assembling electronic products to manufacturing microchips and building the foundations of the future digital economy,” he said.

The chief minister said Uttar Pradesh now accounted for nearly 60% of the country’s mobile phone production and 55% of electronics component production within nine-and-a-half years. He said a ₹3,706-crore HCL-Foxconn semiconductor unit was coming up in Jewar, while proposals for 644 MW of data-centre capacity had been received. The state also has more than 24,000 startups and eight unicorns, he said.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.