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Chip venture between Vedanta, Foxconn all hot air

By Tim Culpan This week’s announcement that Vedanta Group has tied up with Taiwan’s Foxconn Technology Group to make chips is being lauded as proof that New Delhi is gaining traction with its plans to build a semiconductor industry. That’s hardly the case. Those hopeful that India can establish a foothold in the sector should temper their expectations, and instead keep an eye
New Delhi Tim Culpan Narendra Modi Anil Agarwal Terry Gou Vedanta Resources Ltd

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