The Kerala government today inked an MOU with Intel and UST Global for exploring the possibility of transforming the state into an electronic hardware manufacturing hub.
The MOU was signed by the state IT department, Intel and UST Global in the presence of Chief Minister Pinarayi Vijayan, an official press release said.
Kerala government was committed to make the state an electronic hardware manufacturing hub, Vijayan said.
To achieve this goal, government had taken the initial steps by setting up the Kerala Electronics and Hardware Mission, he said.
The mission had submitted a detailed report in August this year outlining the potential, challenges and road map for electronics system design and manufacturing and promotion of the State's startup ecosystem.
The government had already made clear its intention of promoting electronics hardware manufacturing in the state through policy initiatives, including budget declarations on setting up hardware parks.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)