Cabinet Approves Sixth Semiconductor Unit in India
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a sixth semiconductor manufacturing unit under the India Semiconductor Mission. This new unit, a joint venture between HCL and Foxconn, will be set up near Jewar Airport in the Yamuna Expressway Industrial Development Authority (YEIDA) area. HCL brings decades of experience in hardware development, while Foxconn is a global leader in electronics manufacturing.
This plant will manufacture display driver chips for mobile phones, laptops, automobiles, PCs, and myriad of other devices that have display. The plant is designed for 20,000 wafers per month. The design output capacity is 36 million units per month.
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.
Students and entrepreneurs in 270 academic institutions and 70 startups are working on world class latest design technologies for developing new products. 20 products developed by the students of these academic students have been taped out by SCL Mohali.
The new semiconductor unit approved today will attract investment of Rs 3,700 crore.
As the country moves forward in semiconductor journey, the eco system partners have also established their facilities in India. Applied Materials and Lam Research are two of the largest equipment manufacturers. Both have a presence in India now. Merck, Linde, Air Liquide, Inox, and many other gas and chemical suppliers are gearing up for growth of our semiconductor industry.
With the demand for semiconductor increasing with the rapid growth of laptop, mobile phone, server, medical device, power electronics, defence equipment, and consumer electronics manufacturing in Bharat, this new unit will further add to Prime Minister Shri Narendra Modiji’s vision of Atmanirbhar Bharat.
