The central government on Wednesday approved a new semiconductor unit under the India Semiconductor Mission near Uttar Pradesh's Jewar Airport. A joint venture between the HCL Group and Taiwanese electronics giant Foxconn will execute the project. According to the IB Minister Ashwini Vaishnaw, the worth of the joint project is Rs. 3,706 crore. Union Cabinet has approved India's 6th semiconductor unit in Jewar (Uttar Pradesh): Union Minister Ashwini Vaishnaw pic.twitter.com/8WtnmMM1sz — ANI (@ANI) May 14, 2025 The sixth unit in Uttar Pradesh is expected to generate employment for around 2,000 people and will play a key role in strengthening India’s semiconductor ecosystem. Presently, the construction work is going on in five units, and the work in the sixth will begin in 2025. "Union Cabinet has approved India's 6th semiconductor unit in Jewar, Uttar Pradesh. Under India Semiconductor Mission, 5 semiconductor units have been approved so far and rapid construction is going on there. Production at one unit will begin this year. In this connection, there is one more super-advanced unit. This is a joint venture of HCL and Foxconn...," Ashwini Vaishnaw said. #WATCH | Union Minister Ashwini Vaishnaw says, "Union Cabinet has approved India's 6th semiconductor unit in Jewar, Uttar Pradesh. Under India Semiconductor Mission, 5 semiconductor units have been approved so far and rapid construction is going on there. Production at one unit… pic.twitter.com/YFwdkAReFt — ANI (@ANI) May 14, 2025 The newly setup unit at Jewar will have 20,000 wafers per month capacity, and the chips 36 million (3.6 crore) per month, the minister said. The chips produced at the Jewar plant will be used in mobile phones, laptops, automobiles, PCs, among others. The semiconductor industry in India is still in a nascent stage, with various local and multinational companies intending to tap its vast potential. Chip shortages during the Covid realised the importance of indigenous manufacturing to fill deficiency, for national security and galvanise indigenous innovation.