HCL-Foxconn JV to build semiconductor unit in Uttar Pradesh

A joint venture between HCL and Foxconn will build Uttar Pradesh's first semiconductor unit in Jewar, Gautam Budh Nagar, with an investment of around ₹3,706 crore. The OSAT facility will manufacture Display Driver Integrated Circuits with a production capacity of 20,000 wafers per month, with groundbreaking in January 2026.

“The unit that is set to advance India's goal of semiconductor self-reliance is due for a groundbreaking ceremony sometime in mid-Jan, after which rapid construction will begin.”manufacturing.economictimes.indiatimes.com

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• manufacturing.economictimes.indiatimes.comHCL and Foxconn to Launch Uttar Pradesh's First Semiconductor Unit in 2026, ETManufacturingShailvee ShardaDec 20, 2025

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