# Vedanta-Foxconn to build $19B semiconductor plant in Gujarat

Vedanta-Foxconn joint venture will invest Rs 1,54,000 crore ($19B) to set up a semiconductor and display manufacturing facility in Gujarat, India. Production is expected to start within 2.5 years of groundbreaking, creating 100,000 jobs.

- Type: New facility
- Announced: 2022-11-13
- Where: Gujarat, India
- Value: $19.0B (1540.0B INR)
- Jobs: 100,000
- Status: announced
- Products: semiconductor chips, display panels
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Vedanta Resources](https://endata.com/companies/29843.md)
- [Foxconn](https://endata.com/companies/15170.md) (partner)

## Sources

- [zeebiz.com](https://www.zeebiz.com/companies/news-anil-agarwal-says-production-at-vedanta-foxconn-semiconductor-plant-to-start-in-25-years-of-groundbreaking-207561), 2022-11-13: "Vedanta Resources Chairman Anil Agarwal on Saturday said production at its semiconductor and display manufacturing unit in Gujarat will start within two and a half years of the groundbreaking ceremony."

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