Vedanta-Foxconn Joint Venture to Set Up Semiconductor Plant in Gujarat; Sign MoU with Gujarat Government

Vedanta and Foxconn have signed pacts to set up display and semiconductor production plants in Gujarat. The companies aim to invest $19.5 billion (roughly Rs. 1,54,350 crore) under the joint partnership. The companies have said that the joint venture will create more than 1,00,000 jobs in Gujarat.

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