Vedanta and Foxconn to build $19.5bn chip plant in Gujarat, India

Vedanta and Foxconn have signed agreements with the Gujarat government to build an integrated semiconductor and display production complex in Gujarat, with an investment of Rs 1.54 trillion ($19.4 billion). The complex is expected to be operational by 2024.

“India has enough demand for five to 10 such fabs, and we are going to mostly capture the local demand.”fiscalnepal.com

• 1 source
• fiscalnepal.comVedanta and Foxconn to build $19.5bn chip plant in India’s Gujarat - Fiscal NepalUmesh PoudelMay 31, 2020

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