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Gujarat was the first state to introduce a semiconductor policy by offering an incentive of 20 per cent of the approved project cost, over and above the 50 per cent offered by the centre.
The move comes after the firm announced its decision to withdraw from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta.
India's minister said both Foxconn and Vedanta have significant investments in India and are valued investors who are creating jobs and growth