Karnataka has emerged as the biggest beneficiary of the Government of India's Electronics Development Fund (EDF), reinforcing Bengaluru's position as the country's leading technology and innovation hub. According to official government data, Karnataka accounted for 90 of the 128 companies supported under the fund, attracting nearly 64% of the total investments. The Electronics Development Fund was launched to strengthen India's domestic capabilities in electronics, semiconductor design, embedded systems, and advanced technologies. The initiative supports startups and early-stage companies working on cutting-edge innovations that are critical to India's long-term technological ambitions.

Karnataka Leads India's Electronics Boom with Biggest Share of Government Tech Fund

Raising the risk of a technical recession, factory activity in Singapore has contracted for the first time since 2020. This was the second month of contraction in the electronics sector.

World Business Watch: Singapore factory activity contracts for first time since 2020

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