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Foxconn and Vedanta join hands for a semiconductor plant in India

Foxconn and Vedanta join hands for a semiconductor plant in India

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By: Rohit Yadav
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Updated on: 15-Sep-2022
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Gujarat, an Indian state, Foxconn, and Vedanta Resources signed a Memorandum of Understanding (MoU) earlier today to construct manufacturing facilities for semiconductors and displays. At INR 1.54 lakh crore ($19.5 billion), the agreement is the largest investment endeavour in any Indian state to date.

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