Preparations are in full swing for the foundation stone laying ceremony of North India’s first semiconductor unit in Sector 28, Yamuna City. Prime Minister Narendra Modi is scheduled to virtually perform the shilanyas on February 21, 2026. Chief Minister Yogi Adityanath will be physically present at the site to address a public gathering of approximately 5,000 people. This project is expected to establish Uttar Pradesh as a major player in the global electronics supply chain.
What are the key project details and investment figures?
This semiconductor facility is being developed as a joint venture between the HCL Group and Taiwan-based Foxconn. The project involves a massive investment of approximately ₹3,706 crore and is situated on 48 acres of land in Sector 28. The partnership is structured with HCL holding a 60 percent stake and Foxconn holding 40 percent. The state government has provided significant support under the UP Semiconductor Policy 2024, including a 75 percent rebate on land costs and a 10-year waiver on electricity duty.
What will the unit produce and how many jobs will it create?
The unit will focus on manufacturing Display Integrated Circuits (DDIC) and sensors that are essential for mobile phones, laptops, and automobiles. It is designed to process 20,000 wafers per month and is expected to be fully operational by the 2027-28 period. According to official estimates, this venture will create about 3,780 direct and indirect jobs in the region.
| Feature | Details |
|---|---|
| Total Investment | ₹3,706 Crore |
| Annual Production | 2.4 Lakh units |
| Land Area | 48 Acres |
| Employment Potential | 3,780 Jobs |
| Operational Timeline | 2027-2028 |
How is the security and site preparation progressing?
Police Commissioner Laxmi Singh and senior district officials recently conducted a thorough inspection of the Sector 28 site to finalize security protocols for the Chief Minister’s visit. Temporary helipads are being constructed and a large waterproof pandal is being set up to accommodate the attendees. This project serves as an anchor for the upcoming Electronics Manufacturing Cluster near the Noida International Airport, which is expected to attract further investments of over ₹12,000 crore from allied industries.