Hon Hai, HCL break ground on NT$13.1 billion chip plant in India - News Summed Up

Hon Hai, HCL break ground on NT$13.1 billion chip plant in India


Hon Hai, HCL break ground on NT$13.1 billion chip plant in IndiaStaff writer, with CNAHon Hai Technology Group (鴻海科技集團) and India-based HCL Group held a groundbreaking ceremony for their joint-venture semiconductor facility in India on Saturday. Indian and Taiwanese representatives symbolically break ground for a joint semiconductor facility by Hon Hai Technology Group and HCL Group in India on Saturday. India will only be developed when it is self-reliant, Modi said in emphasizing the importance of manufacturing chips domestically. “This joint venture is a great example of how we build, operate and localise in India,” Liu was quoted as saying at the ceremony by Hindustan Times. The joint venture is the sixth factory approved under the India Semiconductor Mission, as Modi has prioritized India’s chip self-reliance to strengthen India’s role as a global electronic manufacturer.


Source: Taipei Times February 22, 2026 16:54 UTC



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