Vedanta-Foxconn JV to build India's first semiconductor plant in Gujarat

Vedanta and Foxconn will invest Rs 1.54 lakh crore to set up a semiconductor fab, display fab, and assembly/testing unit on 1000 acres in Ahmedabad district, Gujarat. Production is expected to start in two years.

“"The plant will start production in two years," Vedanta chairman Anil Agarwal told PTI after signing the memorandum of understanding (MoU) with the Gujarat government.”timesofindia.indiatimes.com

• 7 sources
• timesofindia.indiatimes.comVedanta-Foxconn to invest Rs 1.54 lakh cr in India's first chip factory - Times of IndiaPTISep 13, 2022
• newindianexpress.comVedanta, Foxconn to invest Rs 1.54 lakh crore to set up semiconductor ecosystem in GujaratExpress News ServiceSep 13, 2022
• bbc.co.ukFoxconn and Vedanta to build $19bn India chip factory - BBC NewsSep 14, 2022
• bbc.comFoxconn and Vedanta to build $19bn India chip factoryAdd as preferred on GoogleSep 14, 2022
• eenewseurope.comFoxconn Indian fab venture selects Gujurat for location. ...Peter ClarkeSep 19, 2022

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