# Vedanta and Foxconn to build $19.4B semiconductor complex in Gujarat, India

Vedanta and Foxconn announced a joint venture to invest Rs1.54tn ($19.4bn) in Gujarat, India to construct an integrated semiconductor and display production complex, one of India's first semiconductor manufacturing facilities. The complex is expected to be operational by 2024.

- Type: New facility
- Announced: 2019-01-03
- Where: Gujarat, India
- Value: $19.4B
- Starts operating: 2024
- Status: announced
- Products: semiconductors, display glass
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Vedanta](https://endata.com/companies/10003.md)
- [Foxconn](https://endata.com/companies/15170.md) (partner)

## Sources

- [openthenews.com](https://www.openthenews.com/vedanta-and-foxconn-to-assemble-19-5bn-chip-plant-in-indias-gujarat/), 2019-01-03: "Vedanta and Foxconn are to invest Rs1.54tn ($19.4bn) in Prime Minister Narendra Modi’s home state of Gujarat to construct one of India’s first semiconductor manufacturing complexes"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.