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Wednesday, May 14
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Indian News: Breaking Stories and TrendsIndian News: Breaking Stories and Trends
Home » Blog » Union Cabinet approves ₹3,706 crore HCL-Foxconn semiconductor joint venture; plant to be set up at Jewar

Union Cabinet approves ₹3,706 crore HCL-Foxconn semiconductor joint venture; plant to be set up at Jewar

Ananya MehtaBy Ananya Mehta India
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The Railroad Minister of the Ashwini Vaishnaw Railroads addresses the media on the cabinet decision in the National Media Center in New Delhi on May 14, 2025.

The Railroad Minister of the Ashwini Vaishnaw Union is addressed to the media on the Cabinet decision at the National Media Center in New Delhi on May 14, 2025. Photo credit: Sushil Kumar Verma

The Cabinet of the Union on Wednesday (May 14, 20250 approved a joint company of HCl-Foxconnuctor semiconductors, which will establish a wafering manufacturing plant at an estimated cost of ₹ 3,706 million rupees in Jewar in Uttar Pradesh.

The HCL-FoxConn semiconductor plant will propose that visualization driver chips for mobile phones, laptops, cars and other devices, said Ashwini Vaishnaw information minister and transmission while informing the media. Noting that they are five semiconductor units are in advanced construction stages, the statement said that the Jewish plant would mark the sixth semiconductor unit, and will lead India “to advance in Italney to develop the strategy the strategy” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “” “”

The unit will process 20,000 wafers per month and create around 2,000 jobs, according to a statement.

“The semiconductor industry is now being formed throughout the country. World class design facilities have emerged in many states throughout the country. State governments vigorously pursue design firms,” ​​said the press release.

“As the country advances on the semiconductor trip, the ECO system partners have also established their facilities in India. The applied materials and the LAM research are two of the largest equipment manufacturers. Both have a presence, Linde, Linde, Linde, Linde, Linde, Linde, Linde, Linde, Lind. And the chemical suppliers are gaing for the growth of our semiconductor of the semiconductor of the semiconductor industry.

Published – May 14, 2025 03:50 PM IST

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