Semiconductor Units in Jewar and Noida: New Investments on the Horizon
The Indian government and Uttar Pradesh administration are making big strides in turning Jewar and Noida into hotspots for semiconductor manufacturing. Several companies have come forward, showing strong interest in setting up their semiconductor units in these areas, signaling a promising future for India’s chip industry.
The recently approved HCL-Foxconn semiconductor plant in Jewar has paved the way for other companies to join the race. Apart from this, four more companies—Tarq Semiconductors, Bharat Semi Systems, Keens Semiconductor Pvt. Ltd., and Aditech Semiconductors—are eyeing land in Sector-10 of the Yamuna Expressway Industrial Development Authority (YEIDA) region for their plants.
Each company is planning substantial investments, with land requirements ranging from 50 to 125 acres, focusing primarily on chips used in batteries and adapters. These new units are expected to contribute significantly to making India self-reliant in semiconductor production.
To encourage this growth, the Uttar Pradesh government is offering attractive incentives such as:
- 75% land subsidy on 100% FDI
- Capital subsidies worth ₹100 crore
- ₹2 crore support for Research & Development
- Provident Fund benefits for up to 10 years
Each company is expected to invest a minimum of ₹80 crore, which will not only enhance local manufacturing but also create thousands of direct and indirect jobs in the region.
Chief Minister Yogi Adityanath has expressed his gratitude towards the central government for approving the HCL-Foxconn project, calling it a historic step for an “Atmanirbhar Bharat.” Local leaders and officials believe that the establishment of these semiconductor units will put Gautam Buddh Nagar on the global electronics map, boosting the local economy and providing ample job opportunities for youth.
With the global semiconductor shortage affecting many industries, these new units in Jewar and Noida will play a crucial role in fulfilling both domestic and international demand for chips, covering everything from smartphones to electric vehicles.
India’s journey towards becoming a semiconductor manufacturing hub is gathering momentum, and the developments in Jewar and Noida are a clear indication of this positive trend.
