The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the establishment of a semiconductor unit in Uttar Pradesh under the India Semiconductor Mission (ISM), which will attract an investment of ₹3,700 crore.
The unit is a joint venture between HCL and Foxconn. Together, they will set up the plant near Jewar Airport in the Yamuna Expressway Industrial Development Authority (YEIDA) area.
The plant is designed to process 20,000 wafers per month, with a design output capacity of 36 million units per month. It will manufacture display driver chips for mobile phones, laptops, automobiles, PCs, and other devices with displays.
According to a Cabinet note, with the demand for semiconductors increasing due to the rapid growth of laptop, mobile phone, server, medical device, power electronics, defence equipment, and consumer electronics manufacturing in Bharat, this new unit will further contribute to Prime Minister Narendra Modi&rsquo;s vision of &lsquo;Atmanirbhar Bharat&rsquo;.
HCL has a long history of developing and manufacturing hardware, while Foxconn is a global leader in electronics manufacturing.
Five semiconductor units are in advanced stages of construction. With this sixth unit, &ldquo;Bharat moves forward in its journey to develop the strategically vital semiconductor industry,&rdquo; said the Cabinet.
&ldquo;The semiconductor industry is now taking shape across the country. World-class design facilities have been established in several states. State governments are actively engaging with design firms,&rdquo; the note added.
Students and entrepreneurs in 270 academic institutions and 70 startups are working on world-class design technologies to develop new products. Around 20 products developed by students from these institutions have already been taped out by SCL Mohali.
As the country progresses on its semiconductor journey, ecosystem partners have also established their facilities in India.
Applied Materials and Lam Research&mdash;two of the largest equipment manufacturers&mdash;now have a presence in India. Merck, Linde, Air Liquide, Inox, and many other gas and chemical suppliers are preparing for the growth of the semiconductor industry in the country.
&mdash; IANS

HCL-Foxconn to invest ₹3,700 crore in UP to build chip plant near Jewar Airport

India Approves New Semiconductor Unit in UP

HCL-Foxconn to invest ₹3,700 crore in UP to build chip plant near Jewar Airport

May 14, 2025 | 16:03 IST