UP’s semiconductor mission nears groundbreaking; first project likely to begin in January

Uttar Pradesh is taking decisive steps to translate the vision of Atmanirbhar Bharat in the semiconductor sector into reality.

The state’s first semiconductor assembly and testing project, proposed in the Yamuna Expressway Industrial Development Authority (YEIDA) region, has reached a crucial stage.

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Officials said on Tuesday that soil testing and geotechnical surveys for the project have been completed, and the Groundbreaking Ceremony (GBC) is likely to be held in mid-January. The project is being seen as a major milestone in the roadmap of Developed Uttar Pradesh 2047.

The project, proposed within the YEIDA area, will be set up on 48 acres of land. It will not only add a new dimension to Uttar Pradesh’s industrial landscape but will also integrate the state into the global network of high-technology industries.

In line with the vision of Chief Minister Yogi Adityanath, the project is expected to strengthen the three-pillar model of investment, employment and innovation.

According to semiconductor sector expert Sachin Gupta, the ecosystem being developed by the Uttar Pradesh government will reinforce the Government of India’s Semiconductor Mission.

He said the proposed investment of ₹3,706 crore under the Yamuna Authority project would give Uttar Pradesh a leading position in the semiconductor sector at the national level.

The ambitious project is being developed by Vama Sundari Investments, a joint venture between HCL and Taiwan’s Foxconn. The partnership with Taiwan reflects growing confidence among global investors in Uttar Pradesh.

Through this collaboration, the state is directly connecting with the international value chain, which is critical for long-term industrial growth.

The project involves an investment of ₹3,706 crore and is expected to generate around 3,780 employment opportunities, including a large number of direct and indirect jobs. This aligns with Chief Minister Yogi Adityanath’s vision of linking youth with modern, technology-driven employment.

To attract investors, the Yogi Adityanath government has ensured industry-friendly policy incentives. These include nearly a 75 per cent rebate on land cost and a 100 per cent exemption on stamp duty and registration charges.

Under the Uttar Pradesh Semiconductor Policy 2024, facilities such as water and power banking have been provided to enable round-the-clock operations.

The project will manufacture display driver chips and power management chips, which are essential components for mobile phones and other electronic devices. This will enable Uttar Pradesh to meet domestic demand while also developing export capabilities.