Union Cabinet has approved the establishment of a Rs.3,706 crore semiconductor assembly, testing, marking, and packaging (ATMP) facility in Jewar, Uttar Pradesh.

Key Points

• The project is a joint venture between Indian IT giant HCL Group and Taiwanese electronics manufacturing major Foxconn.
• The Union Cabinet cleared the HCL-Foxconn proposal on May 15, 2025, under India's semiconductor manufacturing scheme.
• The total project cost is Rs.3,706 crore, aimed at setting up a state-of-the-art semiconductor ATMP plant.
• The facility will come up in Jewar, Uttar Pradesh, near the upcoming Noida International Airport, positioning it strategically in the Delhi-NCR region.