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4 min readNoidaFeb 22, 2026 04:01 AM IST
Uttar Pradesh CM Yogi Adityanath, Union Minister Ashwini Vaishnaw and others during the foundation stone laying of INDIA CHIP in Gautam Buddha Nagar’s Jewar on Saturday. (ANI)
Prime Minister Narendra Modi on Saturday said India is moving towards strengthening its semiconductor ecosystem. “India is now striving to stand alongside the world’s top nations in providing the processing power required to run the modern world and is working simultaneously on software and hardware aspects,” he said.
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In a virtual address to lay the foundation stone of India Chip Pvt Ltd — 60:40 joint venture between HCL Group and Foxconn — PM Modi said: “Developed India will be built only when the country is self-reliant. For this, Made in India chip is very important. Whatever India is doing in the field of technology in this decade, it will become the foundation of our capability in the 21st century.”
He said India was rapidly working towards the goal of Viksit Bharat. “I had said from the ramparts of the Red Fort that India has no time to stop or pause. Since the beginning of 2026, India has accelerated its pace,” the PM said.
Modi also referred to the recent milestones such as the Viksit Bharat Young Leaders Dialogue, National Startup Day, which energised the start-up revolution in India, and the India Energy Summit through which India’s strength caught the attention of the world.
Uttar Pradesh Chief Minister Yogi Adityanath, Minister for Railways, Information and Broadcasting Electronics and Information Technology Ashwini Vaishnaw, HCL Group Chairperson Roshni Nadar Malhotra and Foxconn Semiconductor Business Group President Bob Chen were present at the event in Jewar.
On the Foxconn-HCL semiconductor facility, which will come up in the Yamuna Expressway Industrial Development Authority (YEIDA) at Jewar, Greater Noida, Adityanath said: “It was the Prime Minister who envisioned the economy of the 21st century to be dependent on the chip.” “It is about visions. The area where the joint venture of HCL and Foxconn is coming up is the same area where during previous governments there would be fire shots, kidnappings. The condition was such that people did not step out of their houses after sunset.”
The advanced Outsourced Semiconductor Assembly & Test facility at Jewar is expected to be operational by 2028. HCL has earmarked an investment of Rs 3,700 crore over the next few years in the facility that will produce display driver chips.
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Talking about the India AI Impact summit, Adityanath said the PM has made the country a hub for emerging technology.
PM Modi, during his address, said India is making unprecedented investments in every technology that will determine the future of humanity and development of this robust semiconductor ecosystem is a prime example of that.
Highlighting the strategic importance of chips, the PM compared their value in the 21st century to oil in the 20th century. “During the Covid pandemic, the world saw the fragility of the chip supply chain. When supply hit a brake, global economies faltered,” PM said.
“India learned from that crisis to turn it into an opportunity and decided that we must become self-reliant in chip manufacturing. “Today’s programme is a reflection of this vision,” Modi said.
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The PM credited the “double-engine government” for changing the identity of Uttar Pradesh from a state once associated with crime and migration to one known for Expressways, defence corridors, and world-class infrastructure like the Jewar International Airport and Dedicated Freight Corridors.
The HCL Group Chairperson, Roshni Nadar Malhotra, said they are grateful to the Centre and the UP govt for their unwavering support. “We are proud to deepen our commitment to Uttar Pradesh and contribute meaningfully to the state’s fast-evolving technology and manufacturing landscape. We look forward to working closely with Foxconn to bring this state-of-the-art project to life at the earliest, and to further strengthen India’s technology story,” she said.
With inputs from PTI
Neetika Jha is a Correspondent with The Indian Express, based in the Noida bureau. She primarily covers crime, health, and environmental issues, as well as human-interest features across Noida, Ghaziabad, and Western Uttar Pradesh. Professional Profile Education: She is an alumna of the Asian College of Journalism (ACJ), Chennai. Core Beat: Her work focuses on the administrative and social challenges of the NCR's satellite cities. She is known for her detailed reporting on civic infrastructure (like the Noida International Airport), environmental violations, and high-profile criminal investigations. Personal Interests: Outside of reporting, she is an avid reader of fiction (citing The Thursday Murder Club and Yellowface as recent favorites) and a gardening enthusiast. Recent Notable Articles (Late 2025) Neetika’s recent reportage has been dominated by winter-related crises in the NCR and significant criminal legalities: 1. Environment & Public Safety "Greater Noida Authority slaps fines on firms for violating GRAP IV norms" (Dec 21, 2025): Reporting on heavy penalties imposed on major developers like NBCC for flouting anti-pollution construction bans. "Fatal pile-up on Yamuna Expressway: Fog, high speed emerge as key safety risks" (Dec 17, 2025): A major report on a 15-vehicle collision caused by dense fog that killed 17 people. "At Chilla, Kalindi, DND, many fined Rs 20,000 for non-compliance to Delhi's BS-VI rule" (Dec 19, 2025): On-the-ground reporting from the borders where Noida police penalize non-compliant vehicles entering the capital. "Driving in Noida amid fog? New speed limits in effect till Feb 15" (Dec 13, 2025): Detailing the seasonal traffic restrictions aimed at preventing highway accidents. 2. Crime & Legal Developments "'Have you ever heard of a murder case being withdrawn?': Court in Akhlaq lynching case" (Dec 12, 2025): Covering a critical courtroom hearing where the court questioned the UP government's petition to withdraw charges against the accused. "After losing money in stock market, bank employee in Ghaziabad withdraws Rs 64 lakh from customers' accounts" (Dec 14, 2025): An investigative piece on internal bank fraud and the risks of modern digital embezzlement. "Woman shot dead by partner in Noida: Three days on, accused still on the run" (Dec 2, 2025): Tracking a high-profile domestic violence and murder case in Central Noida. 3. Human Interest & Features "'Had tears in my eyes': Army men walk bride down the aisle 20 years after father died in terror attack" (Dec 2, 2025): A moving story about soldiers from a Punjab Grenadiers unit fulfilling a father's duty for his daughter. "How a Zepto delivery man heard a cry — and saved two kids dumped in Noida drain" (Dec 2025): A viral human-interest story highlighting individual heroism in the city. Signature Style Neetika is recognized for her meticulous follow-up on local tragedies. Whether it is a massive pile-up on the Yamuna Expressway or the ongoing construction of the Jewar (Noida) Airport, she focuses on systemic lapses and the safety of commuters. Her crime reporting often explores the psychological motives behind "crimes of passion" and the rising trend of financial cyber-fraud in the Ghaziabad-Noida belt. ... Read More
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