Vedanta Group to invest $7-8B in first semiconductor facility with Foxconn

Vedanta Group will invest $7-8 billion to set up its first semiconductor facility as a joint venture with Foxconn, with Vedanta holding 60% and Foxconn 40%. Another $3-4 billion will be invested in a display fab. The JV will manufacture 28 nm chipsets.

“We will invest $15 billion in the ecosystem in the 10-15 year plan.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comVedanta Group to invest $7-8 billion to set up first semiconductor facility - The HinduBusinessLineDebangana GhoshFeb 18, 2022

Summarized from public sources; check the original articles before acting on it.