# HCL-Foxconn JV names Shikhar Malhotra as Chairman

2026-08-14T15:00:25+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

HCL-Foxconn joint venture India Chip has appointed Shikhar Malhotra as its Chairman. Malhotra, already Chairman of HCL Capital, will lead the company’s display driver integrated circuit (DDIC) assembly and test facility in Jewar, Uttar Pradesh. The ₹3,700 crore OSAT plant is set to become operational by 2028 and will process 20,000 wafers a month. It is expected to create over 3,500 jobs and boost domestic semiconductor production. Prime Minister Modi laid its foundation stone in February.

## Coverage

- telecom.economictimes.indiatimes.com <https://telecom.economictimes.indiatimes.com/news/devices/hcl-foxconn-jv-names-shikhar-malhotra-as-chairman/133240789>

Tags: HCL Group, Jewar, Narendra Modi, Shikhar Malhotra
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