Prime Minister Narendra Modi will participate in the groundbreaking ceremony of the HCL-Foxconn Joint Venture project in the Yamuna Expressway Industrial Development Authority in Uttar Pradesh through a video conferencing today. The project is aligned with the government’s efforts to strengthen domestic manufacturing capabilities, reduce import dependence, and build resilient global supply chains. With this initiative, country’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 to engineers, technicians, and professionals, while catalyzing growth in ancillary industries. The establishment of the HCL-Foxconn semiconductor facility marks a significant milestone in India’s journey towards technological self-reliance and reflects the Prime Minister’s vision of positioning India as a trusted global destination for high-end electronics and semiconductor manufacturing.