February 21, New Delhi – Prime Minister Narendra Modi will participate today in the groundbreaking ceremony of the HCL-Foxconn Joint Venture project, India Chip Pvt. Ltd., in Uttar Pradesh via video conferencing.
The establishment of the HCL-Foxconn semiconductor facility marks a significant milestone in India's journey toward technological self-reliance.
The project aligns with the Government's efforts to strengthen domestic manufacturing capabilities, reduce import dependence, and build resilient global supply chains. It is expected to play a crucial role in supporting key sectors such as automotive, consumer electronics, and other devices.
Through this initiative, India's semiconductor ecosystem will receive a major boost, fostering innovation, skill development, and technology transfer. The facility is also expected to create thousands of direct and indirect employment opportunities.
(File Photo: Prime Minister Narendra Modi)