The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a ₹3,700 crore semiconductor manufacturing unit in Jewar, Uttar Pradesh, under the India Semiconductor Mission (ISM). The project is a joint venture between HCL and Foxconn, marking a significant step in India’s semiconductor industry expansion.
Key Highlights of the Semiconductor Plant
- Strategic Location: The plant will be built near Jewar Airport, within the Yamuna Expressway Industrial Development Authority (YEIDA).
- Production Capacity: Designed for 20,000 wafers per month, with an output of 36 million display driver chips per month.
- Applications: The chips will be used in mobile phones, laptops, automobiles, PCs, and other display-based devices.
- Government Incentives: The project benefits from India Semiconductor Mission’s fiscal incentives, covering up to 50% of the project cost.
India’s Semiconductor Industry Growth
- Sixth Approved Semiconductor Unit: This plant joins five other semiconductor projects in Gujarat and Assam, with a cumulative investment of ₹1,52,000 crore.
- Global Partnerships: India is attracting major semiconductor players, including Applied Materials, Lam Research, Merck, Linde, Air Liquide, and Inox, to support the industry’s growth.
- National Security & Economic Impact: Strengthening domestic chip production reduces reliance on imports, ensuring supply chain resilience and boosting India’s tech ecosystem.
Future Outlook & Industry Impact
With semiconductor demand rising due to growth in electronics, AI, and defense technology, India’s strategic investments position it as a global semiconductor hub. The Jewar plant is expected to begin production in 2027, further advancing India’s self-reliance in chip manufacturing.
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