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Cabinet Clears HCL-Foxconn Semiconductor Unit in Jewar
Hindustan Times Navi Mumbai
|May 15, 2025
The Union cabinet on Wednesday approved a new semiconductor manufacturing facility, a joint venture between India's HCL and Taiwan's Foxconn, which will come up in Jewar, Uttar Pradesh, Union Information Technology Minister Ashwini Vaishnaw said.
NEW DELHI:
Vaishnaw said the facility will be near Jewar airport, an "up and coming area" within the Yamuna Expressway Industrial Development Authority (YEIDA) region.
This is the sixth semiconductor unit being planned in the country under the India Semiconductor Mission (ISM) and is slated to begin commercial production in 2027. It will serve as an outsourced semiconductor assembly and test (OSAT) facility for display driver integrated circuits (ICs).
This is Foxconn's second attempt to set up a semiconductor unit under the ISM. In 2023, the Taiwan-based company had teamed up with Vedanta, but the partnership ultimately fell through.
This story is from the May 15, 2025 edition of Hindustan Times Navi Mumbai.
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