The Union Cabinet of India has approved a joint venture between HCL and Foxconn to set up the country’s sixth semiconductor unit. This new project, located near Jewar airport in Uttar Pradesh, will involve an investment of Rs 3,700 crore and is expected to significantly boost India’s semiconductor manufacturing capacity.
On May 14, 2025, the Union Cabinet of India approved a landmark joint venture between two global tech giants, HCL Technologies and Foxconn, to establish India’s sixth semiconductor manufacturing unit. The proposed facility will be located near Jewar Airport in the Yamuna Expressway Industrial Development Authority in Uttar Pradesh.
The government has earmarked a capital investment of Rs 3,700 crore for the development of the semiconductor unit, which will help in bolstering India’s electronics and semiconductor manufacturing capabilities. According to IT Minister Ashwini Vaishnaw, the plant will have the capacity to produce 20,000 wafers per month, with an eventual design output target of 36 million units per month.
This initiative is a significant step forward for India’s Semiconductor Mission, aimed at making the country a global leader in semiconductor production. By setting up this facility, India aims to reduce its reliance on imports and increase its share in the global semiconductor supply chain, particularly as demand for semiconductors continues to rise worldwide.
