Setback to PM Modis Plans of Making India ChipManufacturing Hub As Foxconn Withdraws From Joint Venture With Vedanta for Chip Manufacture

Bengaluru, July 10: In a major setback to Prime Minister Narendra Modi’s plans of making India a chip-manufacturing hub, Taiwanese chip-making giant Foxconn on Monday announced that it has withdrawn from a joint venture with India-based industrial giant Vedanta. Foxconn was supposed to execute a $19.5 billion semiconductor joint venture…Read More

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