🧠 HCL + Foxconn’s ₹40,000 Cr Chip Plant — Is Jewar About to Become India’s Silicon Valley?

Move over, Bengaluru. The next chip hub might just be… Jewar, Uttar Pradesh.

Yes, you read that right.

The Indian government has approved a brand-new semiconductor plant near Jewar Airport, courtesy of HCL and Foxconn’s joint venture. The facility, to be built in the YEIDA (Yamuna Expressway Industrial Development Authority) region, aims to manufacture 20,000 wafers per month.

That’s not just a lot of chips. That’s a lot of dreams (and traffic jams).

🏗️ Why is this such a big deal?

India has been

trying to crack the semiconductor code for years. Now, with Foxconn’s manufacturing muscle and HCL’s tech backbone, we might finally be etching silicon instead of importing it.

  • Location: Near Delhi NCR, well-connected to transport infra
  • Capacity: 20,000 wafers/month (used in chips for phones, EVs, AI, defence)
  • Estimated Cost: ₹40,000 crore+
  • Expected Completion: 2026-27

This is India’s moonshot to reduce

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