India's Sixth Semiconductor Fab backed by HCL-Foxconn Partnership

India approves sixth semiconductor unit JV by HCL and Foxconn near Jewar Airport, advancing India’s goal as a global semiconductor hub.

The Indian government has approved a sixth semiconductor unit, a joint venture between HCL and Foxconn, to be set up near Jewar Airport in Uttar Pradesh’s YEIDA region. This move, under the India Semiconductor Mission, marks a significant step towards India’s goal of becoming a global semiconductor hub and achieving self-reliance in the sector.