x

Vedanta-Foxconn JV to set up semiconductor manufacturing facility in Gujarat

Shortpedia

Content Team
Image Credit: Twitter

Vedanta and Foxconn have inked a Memorandum of Understanding (MoU) with the Gujarat government to set up a semiconductor manufacturing facility in the state. The pact was signed in the presence of the Union Minister for Electronics & Information Technology, Ashwini Vaishnaw. The companies will invest Rs. 1.54 lakh crore in the project, and it would create one lakh job opportunities.