Modi to attend HCL-Foxconn semiconductor JV groundbreaking
pre-market1 source ↓written by the desknot a recommendation
- via video link
- 21 Feb 2026
- investment
- ₹3,700 cr
Prime Minister Modi will join the groundbreaking ceremony for the HCL-Foxconn semiconductor joint venture, India Chip Pvt. Ltd., on 21 Feb 2026 via video link. The project, with an investment of over ₹3,700 cr, aims to boost India's semiconductor manufacturing and reduce import reliance. This initiative aligns with India's goal of becoming a global hub for electronics.
• Significant milestone for India's tech self-reliance
• Expected to strengthen domestic manufacturing capabilities
• Contributes to resilient supply chains
Not investment advice. For informational purposes only.