Page 33 - NIS English 16-31 March, 2026

Semiconductor | NATION

Foundation Stone Laying for Investment of over n3,700
HCL-Foxconn Joint Venture crore on the project
Project-India Chip Pvt Ltd n This project, with an investment of over n3,700

n Prime Minister Narendra Modi laid the crore, will help strengthen domestic manufacturing
foundation stone for the HCL-Foxconn capabilities, reduce import dependence, and build a
Joint Venture Project – India Chip Private robust global supply chain.
Limited at the Yamuna Expressway Industrial n It will play a key role in supporting key sectors
Development Authority in Uttar Pradesh. such as mobile phones, tablets, laptops, automotive,

n The establishment of the HCL-Foxconn consumer electronics, and other devices.
Semiconductor Facility marks an important n This initiative will provide a major boost to
milestone in India’s journey towards India’s semiconductor ecosystem, promoting
technological self-reliance. innovation, skill development, and technology

n This project aims to establish India as a trusted transfer.
global destination for high-end electronics and n Thousands of direct and indirect jobs are
semiconductor manufacturing. expected to be created for engineers, technicians,
and professionals, and it will also accelerate
growth in supporting industries.
Scan the QR code to view the
Prime Minister’s full programme. n This project represents a major step towards
building a strong and self-reliant electronics
manufacturing ecosystem.

India Semiconductor Mission’s first ATMP inaugurated in Gujarat

n Commercial production and shipment of the first n With a total outlay of over n22,500 crore,
semiconductor memory module manufactured in construction work commenced immediately after
India have commenced from the Sanand ATMP approval. This demonstrates the government's
(Assembly, Test, Marking, and Packaging) plant. commitment to accelerating strategic
This development marks a major step towards semiconductor investment in the country.
strengthening India's position in the global
semiconductor value chain. n Once fully operational, the Sanand plant will have
n The foundation stone for the Sanand project was approximately 500,000 square feet of cleanroom
laid in September 2023, marking the first proposal space, making it one of the largest raised-floor
approved under the India Semiconductor Mission. cleanrooms in the world.

chain of the semiconductor ecosystem. Speaking budget announced the India Semiconductor
at the inauguration of Micron Semiconductor Mission 2.0. The aim is to increase demand for
Technology India Private Limited’s facility in components and materials in India as production
Sanand, Gujarat, PM Modi said that this year’s increases. n

March 16-31, 2026 || NEW INDIA SAMACHAR 31