India approves HCL-Foxconn semiconductor plant

GlobalData

Wed, May 14, 2025, 7:42 AM 1 min read

Indian authorities has approved the constitution of a semiconductor unit, a associated task betwixt HCL Technologies and Taiwanese declaration shaper Foxconn, successful the authorities of Uttar Pradesh.

This improvement is portion of the India Semiconductor Mission and involves an concern of Rs37bn ($434.7m).

The works volition beryllium located adjacent Jewar airdrome successful the Yamuna Expressway Industrial Development Authority (YEIDA) area.

The semiconductor portion volition absorption connected manufacturing show operator chips for mobile phones, laptops, automobiles, PCs, and different devices with displays.

The works is designed to nutrient 20,000 wafers per month, with a monthly plan output capableness of 36 cardinal units.

In a media statement, the authorities said: “Semiconductor manufacture is present shaping up crossed the country. World people plan facilities person travel up successful galore states crossed the country. State governments are vigorously pursuing the plan firms.”

“With the request for semiconductor expanding with the accelerated maturation of laptop, mobile phone, server, aesculapian device, powerfulness electronics, defence equipment, and user electronics manufacturing successful Bharat, this caller portion volition further adhd to PM Narendra Modi’s imaginativeness of Atmanirbhar Bharat,” it added.

In January 2024, Foxconn and HCL partnership to found a chip packaging and investigating venture.

As per the deal, Foxconn holds a 40% involvement successful the associated venture.

Foxconn had announced an investment of $1.5bn successful November 2023 to grow its operations successful India.

In September 2024, Dutch institution NXP Semiconductors announced an concern of much than $1bn to grow its probe and improvement (R&D) activities successful India.

"India approves HCL-Foxconn semiconductor plant" was primitively created and published by Verdict, a GlobalData owned brand.

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