On this screengrab from a video launched on Feb. 21, 2026, Prime Minister Narendra Modi addresses the inspiration stone laying ceremony of India Chip Non-public Restricted’s Semiconductor Park through video conferencing, in Larger Noida. (@pmoindia/YT through PTI Picture) (PTI02_21_2026_000298B)
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The muse of developed India will probably be laid on the idea of self-reliance for which having chips made in India is very important, Prime Minister Narendra Modi mentioned on Saturday.
In a digital deal with to put the inspiration stone of India Chip Pvt Ltd — the HCL Group and Foxconn JV — Modi mentioned a weak provide chain of tiny chips in the course of the Covid-19 pandemic halted improvement of a number of economies and stopped work at varied factories.
“Developed India will probably be constructed solely when India is self-reliant. For this, Made in India chip is very important. No matter India is doing in the sphere of know-how in this decade, it’ll change into basis of {our capability} in the twenty first century,” Modi mentioned. The India Chip Pvt Ltd — the HCL Group and Foxconn three way partnership for Outsourced Semiconductor Meeting & Take a look at (OSAT) facility — will come up in the Yamuna Expressway Industrial Growth Authority (YEIDA) at Jewar, Larger Noida.
India Chip Pvt Ltd is a 60:40 three way partnership between HCL Group and Foxconn. The superior OSAT facility is predicted to be operational by 2028. The corporate has earmarked an funding of ₹3,700 crore over the subsequent few years in the power that may produce show driver chips.
The funding is predicted to create over 3,500 direct and oblique jobs, construct native provide chains, and entice ecosystem companions throughout the semiconductor worth chain.
With a deliberate capability to course of 20,000 wafers per 30 days, the power goals to fulfill India’s rising home demand for semiconductor parts whereas strengthening a resilient, self-reliant semiconductor provide chain.
“Within the final 11 years, the Prime Minister has established India as powerhouse of electronics manufacturing. India is now ranked third amongst nations that export electronics. In a month, 3.6 crore chips will probably be produced from this plant. The mind of the digital screens that you simply see will now be made in Jewar,” Union Electronics and IT Minister Ashwini Vaishnaw mentioned.
UP Chief Minister Yogi Adityanath mentioned Jewar is rising as a jewel not solely for UP but in addition for the nation. The event of UP will rely on the Prime Minister’s imaginative and prescient for chips, he mentioned.
“Right this moment we’re floor breaking for India chip. We wish to set up dependable semiconductor meeting and testing facility in India. We stay up for rising collectively and contributing to India’s progress in international know-how panorama,” Bob Chen, President, Semiconductor Enterprise Group, Foxconn, mentioned.
HCL Group Chairperson Roshini Nadar mentioned the three way partnership facility will cater to the requirement of each home and worldwide markets.
Revealed on February 21, 2026
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