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India approves a new semiconductor plant in Uttar Pradesh, boosting local chip production and self-reliance.
The Indian government has approved a new semiconductor plant in Uttar Pradesh, a joint venture between HCL and Foxconn, set to invest ₹3,700 crore.
Located near Jewar airport, the plant will produce display driver chips for devices like mobile phones and laptops, aiming to boost India's semiconductor manufacturing capabilities.
This move aligns with the country's goal of self-reliance (Atmanirbhar Bharat) and supports the growing demand for semiconductors in India.
It marks the sixth such facility in the country, with others under construction in Gujarat and Assam.
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India aprueba una nueva planta de semiconductores en Uttar Pradesh, que impulsará la producción local de chips y la autosuficiencia.