PM Modi lays foundation stone for HCL-Foxconn semiconductor unit in UP as India deepens chip manufacturing push

Prime Minister Modi laid the foundation stone for an HCL-Foxconn semiconductor plant in Uttar Pradesh, aiming to boost India's chip manufacturing capabilities. The facility is expected to create hundreds of jobs, reduce chip imports, and strengthen India's technology ecosystem. The project supports India's strategy to become a key player in the global semiconductor supply chain and drive local economic growth.