Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Noida Driving India’s Semicon Future, Awaiting Major Investments

- Advertisement -

Driving the country’s chip manufacturing future, Noida is emerging as India’s semiconductor powerhouse with investments from Tarq, Vama Sundari, Bharat Semi, and Kaynes.

Noida is set to become a prominent hub for semiconductor fabrication in India following the approval of two investment projects. Tarq Semiconductors, a venture by the Hiranandani Group, has received approval for a massive ₹270 billion investment to establish a semiconductor fab unit. Meanwhile, Vama Sundari Investments, part of the HCL Group, is investing ₹37 billion in a similar facility.

The two semiconductor plants will be located near the Yamuna Expressway, close to the upcoming Noida International Airport, an area for future business development in Uttar Pradesh. 

- Advertisement -

The Tarq facility will span about 50.59 hectares (125 acres) in Sector 28 and focus on producing integrated circuits (ICs) for various devices, from smartphones to automobiles and televisions. This facility is expected to strengthen the state’s semiconductor supply chain.

Arun Vir Singh, CEO of the Yamuna Expressway Industrial Development Authority (YEIDA), confirmed that the project would be a flagship initiative under Uttar Pradesh’s semiconductor policy.

On the other hand, Vama Sundari Investments, in collaboration with Foxconn, will set up its semiconductor plant on 20.23 hectares (50 acres) in Sector 10 near Jewar. This facility will produce small panel driver ICs and display driver ICs (DDIC), with an annual output of 240,000 units. The HCL-Foxconn joint venture will be responsible for the project, with Vama Sundari holding a majority 60% stake.

In addition to these projects, YEIDA recently approved 20.23 hectares (50 acres) for Bharat Semi Systems, a startup aiming to build a semiconductor facility in Sector 10. This initiative is part of an agreement between India and the United States to produce semiconductors critical for national security. 

Bharat Semi and 3rdiTech will partner with the US Space Force to manufacture semiconductors, including infrared, gallium nitride, and silicon carbide chips. Bharat Semi plans to invest ₹23.5 billion, with the first phase of investment totalling ₹8 billion.

The state government is offering incentives to support the Tarq facility, including capital subsidies. The Hiranandani Group has committed to completing the project within two years, and chip production is expected to begin soon after. Tarq’s next step will be receiving clearance from the central government. 

In another development, Kaynes Semicon, a subsidiary of Kaynes Technologies, has proposed an OSAT (outsourced semiconductor assembly and testing) unit on  20.23 hectares (50 acres) in Sector 10. 

This facility will focus on compound semiconductors, silicon photonics, sensor fabs, and discrete semiconductors, in partnership with global technology firms like Globetronics Technology Bhd (Malaysia), Mixx Technologies (US), and Aptos Technology (TMC Group).

- Advertisement -

Most Popular Articles

Shubha Mitra
Shubha Mitra
Shubha is a journalist at EFY. She is keenly interested in India's evolving electronics ecosystem. Her focus revolves around government policies, legislation, and public-private partnerships related to the industry.
InnoCare-Sahasra MoU 1

Sahasra Electronic Solutions Inks Pact WIth InnoCare Optoelectronics To Manufacture Flat Panel Detectors

0
This collaboration combines Sahasra's expertise in electronic system design and manufacturing with InnoCare's specialization in X-ray flat panel sensor technology. To strengthen India's global growth...

Epsilon, Daejoo Team Up To Boost EV Battery Performance With Silicon-Graphite Composite

0
Epsilon Advanced Materials and Daejoo Electronic Materials are joining forces to develop a new silicon-graphite composite designed to enhance lithium-ion battery discharge capacity by...

Mahindra Prepares For 10,000 Monthly EV Production Capacity

0
Mahindra & Mahindra gears up for electric revolution with increased SUV production capacity and ambitious growth targets. In a strategic move to increase its presence...

Honda Debuts Two Electric Motorcycles Concepts At EICMA 2024

0
The EV Urban Concept represents Honda's vision for urban transportation in the near future. At the EICMA show in Milan, Italy, Honda has taken a...

Xiaomi India President Muralikrishnan B Steps Down

0
After six years of leading the company, Xiaomi India President Muralikrishnan B resigns to pursue academic research. He will continue as an advisor as...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

InnoCare-Sahasra MoU 1

Sahasra Electronic Solutions Inks Pact WIth InnoCare Optoelectronics To Manufacture Flat Panel Detectors

0
This collaboration combines Sahasra's expertise in electronic system design and manufacturing with InnoCare's specialization in X-ray flat panel sensor technology. To strengthen India's global growth...

Epsilon, Daejoo Team Up To Boost EV Battery Performance With Silicon-Graphite Composite

0
Epsilon Advanced Materials and Daejoo Electronic Materials are joining forces to develop a new silicon-graphite composite designed to enhance lithium-ion battery discharge capacity by...

Mahindra Prepares For 10,000 Monthly EV Production Capacity

0
Mahindra & Mahindra gears up for electric revolution with increased SUV production capacity and ambitious growth targets. In a strategic move to increase its presence...

Honda Debuts Two Electric Motorcycles Concepts At EICMA 2024

0
The EV Urban Concept represents Honda's vision for urban transportation in the near future. At the EICMA show in Milan, Italy, Honda has taken a...

Xiaomi India President Muralikrishnan B Steps Down

0
After six years of leading the company, Xiaomi India President Muralikrishnan B resigns to pursue academic research. He will continue as an advisor as...

Learn From Leaders

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Startups

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...