Vedanta Picks Gujarat for $20 Billion Semiconductor Project With Foxconn: Report

Vedanta Picks Gujarat for $20 Billion Semiconductor Project With Foxconn: Report

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 expenditure and cheap electricity from … Read more