Vedanta Gujarat Semiconductor Plant Foxconn Usd 20 Billion Vedanta

Tech

Vedanta Selects Gujarat for $20 Billion Semiconductor Project in Partnership With Foxconn: Report

ByNews Polite September 12, 2022

Vedanta, the Indian multinational mining company, has reportedly selected Gujarat for its upcoming semiconductor project. This will be the company’s first major step in its $20 billion (roughly Rs. 1,59,070 crore) joint venture with Taiwanese electronics manufacturer Foxconn. The company has reportedly obtained financial and non-financial subsidies including on capital…

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