News > Vedanta-Foxconn sign MoU with Gujarat govt
Vedanta-Foxconn sign MoU with Gujarat govt
The Week | 13/09/2022 05:24 PM | Click to read full article
A joint venture of the Indian conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn signed a Memorandum of Understanding with the Gujarat government on Tuesday to set up a semiconductor and display manufacturing unit in the state.
Prime Minister Narendra Modi in a tweet said this MoU is an important step in accelerating India's semiconductor manufacturing ambition.