On May 14, the Indian government approved a joint venture between HCL and Foxconn to build a semiconductor manufacturing plant in Jewar, Uttar Pradesh. The project will cost around ₹3,706 crore and focus on producing display driver chips used in devices like smartphones, laptops, cars, and more, according to Union IT Minister Ashwini Vaishnaw.
The plant will be capable of processing 20,000 wafers and producing 36 million chips each month. Production is expected to begin by 2027.
This new facility will be India’s sixth major semiconductor unit, supporting the country’s broader push to strengthen its semiconductor ecosystem. The government noted that five other plants are already under construction. The Jewar unit is seen as a step toward bringing display panel manufacturing to India and fulfilling Foxconn’s global supply needs.
The HCL-Foxconn partnership combines HCL’s hardware experience with Foxconn’s electronics manufacturing expertise. The plant will be built near Jewar airport within the Yamuna Expressway Industrial Development Authority (YEIDA) area.
With rising demand for semiconductors across sectors such as electronics, defence, medical devices, and AI, the government says this project supports Prime Minister Narendra Modi’s vision of a self-reliant India (Atmanirbhar Bharat).
Vaishnaw also highlighted India’s rapid progress in high-tech fields and growing international interest in technology collaboration with the country.
India’s other semiconductor projects are located in Gujarat (Sanand and Dholera), Assam (Morigaon), and involve major players like Micron, Tata Electronics, CG Power, Renesas, and Kaynes Semicon.
