India Chip Pvt Ltd (HCL + Foxconn JV)
India Chip Pvt Ltd: 60:40 JV between HCL Group and Foxconn (Hon Hai); ISM-approved May 2025
Joint VentureSemiconductors
Proprietary scores
Strategic profile
Industrial importance3/5
Initial score derived from current Atlas ecosystem coverage.
Strategic importance2/5
Initial score derived from relationship breadth and entity type.
Import dependency2/5
Domestic entity; dependency must be resolved at component/process level.
Knowledge graph
Mapped relationships
- supportsIndia Electronics and Semiconductor Association (IESA)- IESA supports India Chip Pvt Ltd Jewar
- Invests inSemicon 2.0- Semicon 2.0 approved India Chip Pvt Ltd Jewar; investment ~INR 3,706 crore
- Customer ofIndia Semiconductor Mission (ISM) / Modified Scheme- India Chip Pvt Ltd is a customer of ISM scheme incentives
- Depends onDISCO Corporation- India Chip Pvt Ltd depends on DISCO for dicing saws
- Depends onHeraeus Precious Metals — Bonding Wire- India Chip depends on Heraeus for bonding wire
- Depends onBesi — BE Semiconductor Industries- India Chip depends on Besi for die bonders
- Depends onMitsui High-tec Inc.- India Chip depends on Mitsui High-tec for leadframes
- Competes withTata Semiconductor Assembly and Test (TSAT)- India Chip Pvt Ltd Jewar and TSAT Jagiroad are competing Indian OSAT facilities
- Depends onAdvantest Corporation- India Chip depends on Advantest for ATE
- Depends onTanaka Holdings- India Chip depends on Tanaka for bonding wire
- Subsidiary ofHCL Tech — Chip Design Practice- HCL Tech is the corporate parent of India Chip Pvt Ltd (60% partner)
- Supplies toDHL Global Forwarding India- DHL supplies logistics to India Chip Pvt Ltd Jewar
- Supplies toLarsen & Toubro Construction (L&T)- L&T Construction provides EPC services to India Chip Pvt Ltd Jewar
- Supplies toThermax Limited- Thermax supplies UPW systems to India Chip Pvt Ltd Jewar