HCL Technologies and Foxconn have selected CTCI Corporation as the engineering, procurement and construction (EPC) partner for their upcoming semiconductor facility in Uttar Pradesh. The move marks a key step toward advancing India’s domestic chip manufacturing ambitions as part of its broader semiconductor push. Also Read: Sarvam AI
India’s electronics manufacturing sector is entering a defining phase. The Union Budget 2026–27 has raised the outlay for the Electronics Components Manufacturing Scheme (ECMS) to ₹40,000 crore, underscoring the government’s intent to deepen domestic manufacturing capabilities and reduce reliance on imports. Over the past decade, India
MediaTek has signalled a strong willingness to deepen its engagement with India’s semiconductor ecosystem, saying it is open to sourcing a larger share of its chips from the country as local manufacturing and consumption scale up. Anku Jain, Managing Director of MediaTek, said the shift would