‘Made-in-India chips crucial for a self-reliant India’: PM Modi virtually inaugurates semiconductor facility in UP | India News
Photo credit: ANI
Prime Minister Narendra Modi on Saturday emphasized the importance of self-reliance in India’s technological future, saying that “advanced India will be built only when India is self-reliant. For this the Made in India chip is very important.”At a virtual ceremony to lay the foundation stone of India Chip Pvt Ltd – a joint venture between HCL Group and Foxconn – PM Modi noted that the global shortage of semiconductor chips during the Covid-19 pandemic had disrupted the economy and halted production at factories worldwide.
“Whatever India is doing in technology in this decade will become the foundation of our capabilities in the 21st century, the Prime Minister added.Prime Minister Narendra Modi highlighted India’s growing semiconductor ambitions, noting that “India has so far approved 10 semiconductor fabrication and packaging projects under its Semiconductor Mission,” adding that “four of these units are set to start production soon.”The Prime Minister welcomed the entry of big companies in India’s chip manufacturing sector, stressing the need for self-reliance. He called for “self-reliance” in the process, underlining the goal of strengthening India’s leadership in global markets.“Today, the arrival of big companies like Foxconn in India and their collaboration in chip manufacturing also sends a global message. A democratic country like India is a trusted partner for the world. Hence, India’s recognition as the world’s factory is a win-win situation for both India and other countries,” said PM Modi.The new Outsourced Semiconductor Assembly and Test (OSAT) facility will be located in the Yamuna Expressway Industrial Development Authority (YEIDA) area at Jewar in Greater Noida. The 60:40 joint venture between HCL Group and Foxconn, representing an investment of Rs 3,700 crore, is expected to start operations by 2028. The plant will manufacture display driver chips, which will support India’s growing domestic demand for semiconductor components.According to PTI, the project is expected to create over 3,500 direct and indirect jobs, build local supply chains and attract partners from across the semiconductor ecosystem. The facility is designed to process up to 20,000 wafers per month, strengthening a resilient and self-sustaining chip supply chain in India.“In the last 11 years, the Prime Minister has established India as an electronics manufacturing powerhouse. India now ranks third among electronics exporting countries This plant will produce 3.6 crore chips in a month. The brain of the digital screens you see will now be made in jewellery,” said Union Electronics and IT Minister Ashwini Vaishnav.UP Chief Minister Yogi Adityanath described Jewar as “a jewel not only for UP but also for the country”, adding that the state’s development would align with the Prime Minister’s vision for chip manufacturing.Foxconn’s semiconductor business group president Bob Chen was quoted by news agency PTI as saying, “Today we are breaking ground for chips in India. We want to set up reliable semiconductor assembly and testing facilities in India. We look forward to growing together and contributing to India’s growth in the global technology landscape.”HCL Group Chairperson Roshini Nadar highlighted that the facility will serve both domestic and international markets, positioning India as a key player in the global semiconductor sector.
