Vedanta, Foxconn to invest $19.5b in India's Gujarat for semiconductor project

Vedanta, Foxconn to invest $19.5b in India's Gujarat for semiconductor project

Photo: Bloomberg

Vedanta Ltd and Taiwan’s Foxconn will invest $19.5 billion (1.54 trillion rupees) under a pact signed on Tuesday to set up a semiconductor project in Gujarat, Indian Prime Minister Narendra Modi’s home state.

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