India

PM Modi Hails Cabinet Nod For New Chip Unit In UP; Says It Will Boost Innovation & Youth Opportunities

Prime Minister Narendra Modi on Wednesday said India is making continued progress in the semiconductor sector, as the Union Cabinet cleared a new chip manufacturing unit in Uttar Pradesh.

The move will likely accelerate growth, drive innovation, and open up employment avenues for the youth.

Taking to X, PM Modi posted, “India’s strides in the world of semiconductors continue! Today’s Cabinet decision regarding the establishment of a semiconductor unit in Uttar Pradesh will boost growth and innovation. It will create innumerable opportunities for the youth as well.”

The newly approved facility becomes the sixth semiconductor unit under the India Semiconductor Mission.

Five other plants are already under construction, and the latest approval further strengthens India’s efforts to build a robust semiconductor ecosystem.

HCL and global electronics giant Foxconn will jointly set up the upcoming unit.

The plant will be located near Jewar Airport, in the Yamuna Expressway Industrial Development Authority (YEIDA) region.

While HCL brings long-standing expertise in hardware manufacturing, Foxconn is globally recognised for its electronics production capabilities.

The facility will, however, focus on manufacturing display driver chips used in mobile phones, laptops, vehicles, personal computers, and other devices.

It is to process 20,000 wafers per month, with an expected monthly output of 36 million chips.

An official release noted, “The Semiconductor industry is now shaping up across the country. World-class design facilities have come up in many states across the country. State governments are vigorously pursuing the design firms.”

About 270 academic institutions and 70 startups are currently working on advanced chip designs.

Twenty products developed by students have already been taped out by SCL Mohali.

The newly approved unit will bring in an investment of Rs 3,700 crore, providing further impetus to India’s chip manufacturing drive.

Global semiconductor equipment makers Applied Materials and Lam Research have also expanded their presence in India, supporting the nation’s evolving chip ecosystem.

Also Read: Rajnath Singh In Srinagar: Calls Pakistan A ‘Rogue Nation’; Urges Global Oversight Of Its Nuclear Arsenal

Mankrit Kaur

Recent Posts

Bullet Discovery At Hyderabad Metro Sparks Police Investigation

A 9 mm bullet was found in a commuter’s bag at Hyderabad’s Moosapet Metro Station,…

1 hour ago

Neurosurgeon Reveals Everyday Habits That Gradually Harm Brain Health

Neurosurgeon Dr Richard Veyna warns that poor sleep, stress, inactivity, and sugary diets can harm…

3 hours ago

Amazon Diwali Sale: Last-Minute Smartphone Deals You Can Grab Before October 20

Amazon Diwali sale ends October 20; grab last-minute deals on Samsung, Apple, OnePlus, Realme, and…

3 hours ago

Government Extends GSTR-3B Filing Deadline By Five Days Owing To Festive Season

The government has extended the GSTR-3B filing deadline to 25 October 2025, giving taxpayers extra…

4 hours ago

Disrespectful And Insensitive: BJP Slams Akhilesh Yadav For Questioning Diwali Expenditure

The BJP on Sunday slammed Akhilesh Yadav for questioning Diwali diya spending, calling his remarks…

4 hours ago

Virat Kohli Returns To International Cricket; Claims Peak Fitness After Hiatus

Virat Kohli returns to international cricket for India’s ODI series in Australia, asserting peak fitness…

6 hours ago