Lucknow (Uttar Pradesh) [India], June 14 (HBTV): Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday welcomed the Union Cabinet's approval for a new semiconductor manufacturing unit in the Yamuna Expressway Industrial Development Authority (YEIDA) region of Jewar, calling it a ‘historic step’ towards Prime Minister Narendra Modi’s vision of an Atmanirbhar Bharat (self-reliant India).

In a statement shared on X, Adityanath said, ‘Under the leadership of Hon. PM Shri @narendramodi, the Union Cabinet has approved the establishment of a semiconductor unit in Uttar Pradesh's Yamuna Authority region (YEIDA) – a historic step towards Atmanirbhar Bharat.’

‘With an investment of INR 3,700 crore, the unit will manufacture display driver chips for mobile phones, laptops, automobiles, and various other devices. India is now moving towards global leadership in semiconductor manufacturing and UP is emerging as a hub for high-end electronics and semiconductor production. Thank you, Pradhanmantri Ji!’ he added.

The Union Cabinet has approved the establishment of this semiconductor unit in Jewar, making it the sixth such facility in the country. The unit will be developed as a joint venture between HCL and Foxconn, and will be situated near the upcoming Jewar airport.

Production at the facility is expected to commence in 2027. HCL, known for its hardware development and manufacturing capabilities, will collaborate with Foxconn, a global leader in electronics manufacturing. The project will be set up in the YEIDA region and will attract an investment worth INR 3,700 crore.

Union Minister Ashwini Vaishnaw informed reporters that work on the other five semiconductor units in the country is already underway, with one expected to be inaugurated later this year.

The Jewar semiconductor unit will have a production capacity of 20,000 wafers per month, generating 36 million (3.6 crore) chips monthly. These chips will be used in mobile phones, laptops, automobiles, personal computers, and other electronic devices.

(ANI)