HCL-Foxconn Semiconductor Unit
On 21st February 2026, Prime Minister virtually laid the foundation stone of the HCL-Foxconn Joint Venture project ‘India Chip Pvt. Ltd’ in the Yamuna Expressway Industrial Development Authority at Jewar in Greater Noida of Uttar Pradesh.
- The project supports India’s push for semiconductor self-reliance.
- It is part of the broader India Semiconductor Mission.
- The government has approved 10 semiconductor fabrication and packaging projects.
- Four semiconductor units are expected to begin production soon.
- The Chips to Startup programme aims to train 85,000 professionals.
- Rare Earth Corridors will support semiconductor and battery manufacturing.
- The unit is expected to generate employment and boost ....
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