# 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.

- Type: New facility
- Announced: 2026-02-22
- Where: Jewar, Uttar Pradesh, India
- Value: $450.0M (37.0B INR)
- Jobs: 3,500
- Starts operating: 2028
- Status: under construction
- Capacity: 36 million chips per month
- Products: semiconductor chips, display driver chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Foxconn](https://endata.com/companies/15170.md) (partner)
- [HCL Group](https://endata.com/companies/75062.md) (partner)

## Sources

- [newsbytesapp.com](https://www.newsbytesapp.com/news/science/modi-lays-foundation-stone-for-a-semiconductor-plant-in-up/story), 2026-02-22: "Prime Minister Narendra Modi laid the foundation stone of a new semiconductor chip manufacturing facility in Jewar, Uttar Pradesh yesterday."

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