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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.
Hon Hai Precision Industry Co., Ltd. (Foxconn) invested USD 37.2 million in newly established joint venture company India Chip Private Limited, with a potential additional investment of up to USD 13.31 million, as approved by the board on October 1, 2024.
| Site | Largest | Latest |
|---|---|---|
| Yamuna Expressway Industrial Development Authority, India | $444.0M | 2026-02-20 |