The Union Cabinet approved a new semiconductor plant in Uttar Pradesh’s Jewar to be jointly set up by HCL Group and Foxconn. The newly approved facility will come up at an investment of Rs 3,700 crore.This is the sixth unit approved under the India Semiconductor Mission, with five semiconductor facilities in advanced stages of construction. Three of these units—by Micron Technologies, Kaynes Technologies and a combination of CG Power-Renesas Electronics and Star Microelectronics—are based in Sanand, Gujarat. The Tata Group is building one…
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HCL-Foxconn chip plant approved: A look at six semiconductor facilities across India
The Union Cabinet approved a new semiconductor plant in Uttar Pradesh’s Jewar to be jointly set up by HCL Group and Foxconn. The newly approved facility will come up at an investment of Rs 3,700 crore.This is the sixth unit approved under the India Semiconductor Mission, with five semiconductor facilities in advanced stages of construction. Three of these units—by Micron Technologies, Kaynes Technologies and a combination of CG Power-Renesas Electronics and Star Microelectronics—are based in Sanand, Gujarat. The Tata Group is building one…
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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