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July 12, 2023
Congress is celebrating as if they were waiting for a moment which would delay Indias ambitious foray into semiconductor manufacturing. | Latest News India
July 11, 2023
Vedanta was to hold the majority stake in the JV, according to the MOU signed between the two companies.
July 11, 2023
The decision of Taiwan's Foxconn to withdraw from a $19.5 billion chip-making venture with Vedanta will have no impact on India's goals in the semiconductor space, Union Minister Rajeev Chandrashekar has said.
July 11, 2023
Vedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse development opportunities," the Taiwanese component maker said on Monday.
July 10, 2023
Foxconns withdrawal from its joint venture with Vedanta has no impact on Indias semiconductor fabrication plant goal, according to Minister Rajeev Chandrasekhar
July 10, 2023
Both companies can & will now pursue their strategies in India independently
July 10, 2023
Foxconns withdrawal from its chip joint venture in Gujarat has sparked controversy over Vedantas decision to choose Gujarat over Maharashtra. | Latest News India
July 10, 2023
Aaditya Thackeray said the project was completely feasible in Maharashtra and asked the Eknath Shinde government to clarify why it was suddenly shifted to Gujarat from a highly feasible location of Pune
July 10, 2023
"This decision of Foxconn to withdraw from its JV with Vedanta has no impact on Indias Semiconductor Fab goals. None," Chandrasekhar tweeted.