Overview
- The Union Cabinet has approved the establishment of a semiconductor plant near Jewar Airport, Uttar Pradesh, as a joint venture between HCL and Foxconn.
- The facility will manufacture display driver chips for devices including mobile phones, laptops, and automobiles, with a capacity to process 20,000 wafers and produce 36 million chips per month.
- The project represents a ₹3,706 crore investment and is expected to generate approximately 2,000 jobs, with operations planned to commence in 2027.
- This marks the sixth semiconductor project approved under the India Semiconductor Mission, which aims to bolster India's domestic chip-making capabilities and reduce reliance on imports.
- The government continues to support ecosystem development, distributing advanced EDA tools to over 270 academic institutions and launching a semiconductor learning kit to build a skilled workforce.