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HCL-Foxconn JV breaks ground on ₹3,700 crore semiconductor plant in Jewar · Endata

◂ Announcements

Feb 22, 2026NEW FACILITYJewar, Uttar Pradesh, India

HCL-Foxconn JV breaks ground on ₹3,700 crore semiconductor plant in Jewar

Prime Minister Narendra Modi laid the foundation stone for a semiconductor chip manufacturing facility in Jewar, Uttar Pradesh, a joint venture between Foxconn and HCL. The plant, named India Chip Pvt Ltd, involves a ₹3,700 crore investment, will be operational by 2028, produce up to 3.6 crore chips per month, and create over 3,500 jobs.

Value

$450.0M (37.0B INR)

Jobs

3,500

Starts operating

2028

Status

Under construction

Capacity

36 million chips per month

Productssemiconductor chipsdisplay driver chips

CompaniesFoxconn partner HCL Group partner

Sectors#Semiconductors and Industrial Electronics

“Prime Minister Narendra Modi laid the foundation stone of a new semiconductor chip manufacturing facility in Jewar, Uttar Pradesh yesterday.”newsbytesapp.com

1 source
newsbytesapp.comModi lays foundation stone for HCL-Foxconn semiconductor factory in UPDwaipayan RoyFeb 22, 2026

Summarized from public sources; check the original articles before acting on it.

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