Uttar Pradesh is fast evolving into a hub of cutting edge technologies and products including semiconductors.
Focusing on job creation in Uttar Pradesh, strengthening the semiconductor ecosystem is becoming a crucial part of the state's industrial policy.
The joint OSAT unit of HCL and Foxconn, to be established in the Yamuna Expressway Industrial Development Authority (YEIDA) area, is being seen as a major achievement in this direction.
Consequently, with the expansion of the semiconductor ecosystem, the Yamuna Expressway region is rapidly emerging as a new employment hub for Uttar Pradesh.
This initiative will not only accelerate industrial development but will also provide new strength to the state's economy.
According to Roshni Malhotra, Chairperson of the HCL Group, the joint OSAT unit of HCL and Foxconn will give a new direction to job creation in UP.
The proposed project is expected to create more than 3,500 direct employment opportunities in the state.
These jobs will include roles in engineering, technicians, production specialists, quality control and management.
This initiative is being seen as a strong foundation for high-tech employment in the state, giving young people the opportunity to connect directly with modern industry.
From an employment perspective, the impact of this project will not be limited to the factory premises.
Several ancillary industries related to packaging, logistics, raw material supply, equipment, maintenance, and service sectors will develop alongside the semiconductor unit.
This is expected to create thousands of indirect jobs. Local MSMEs will also receive opportunities for expansion and new business ventures, strengthening the regional economy.
Along with the semiconductor industry, the state government is placing special emphasis on skill development. Under the OSAT project, plans are underway to train young people in advanced technologies.
Special training programs will be launched in collaboration with industry and academic institutions to prepare the state's youth for future technological demands.
This will strengthen their employability in the long term and provide them with global opportunities.
This unit, which is being established near Jewar Airport in the Yamuna Expressway Industrial Development Authority area, is also considered crucial for regional development.
Owing to robust connectivity and modern industrial infrastructure, this area is rapidly emerging as a high-tech employment hub.
The increasing flow of investment will not only create more jobs but will also enable UP to play a significant role in the semiconductor-based economy.
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