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Foxconn Pulls Back From $19.5 Billion Joint Venture With Vedanta, Big Blow To India's Chip Making Ambitions - Vimarsana News

Foxconn Pulls Back From $19.5 Billion Joint Venture With Vedanta, Big Blow To India's Chip Making Ambitions

Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi's chipmaking plans for India.

Source: india.com