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Noida Driving India’s Semicon Future, Awaiting Major Investments

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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. 

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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).

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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.
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