# HCL-Foxconn JV India Chip to build OSAT facility in Uttar Pradesh

India Chip Private Limited, a joint venture between HCL and Foxconn, will establish an outsourced semiconductor assembly and test (OSAT) facility in Yamuna Expressway Industrial Development Authority, Uttar Pradesh, with a total investment of over INR 3,700 crore. The foundation stone ceremony is scheduled for February 21, 2026.

- Type: New facility
- Announced: 2026-02-20
- Where: Yamuna Expressway Industrial Development Authority, Uttar Pradesh, India
- Value: $444.0M (37.0B INR)
- Status: announced
- Products: semiconductor assembly and test services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [India Chip Private Limited](https://endata.com/companies/80159.md)
- [Foxconn](https://endata.com/companies/15170.md) (partner)
- [HCL Group](https://endata.com/companies/75062.md) (partner)

## Sources

- [pib.gov.in](https://www.pib.gov.in/PressReleasePage.aspx?PRID=2230914&lang=1&reg=3), 2026-02-20: "यह परियोजना भारत में हाई-एंड मैन्युफैक्चरिंग और सेमीकंडक्टर इकोसिस्टम को बढ़ावा देगी और साथ ही सहायक क्षेत्रों में विकास को गति प्रदान करेगी"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.