Vedanta, Foxconn To Set Up Semiconductor Plant In Gujarat

Vedanta and Foxconn will together invest Rs 1.54 lakh crore to set up the semiconductor plant, which can potentially create one lakh jobs, Gujarat Chief Minister Bhupendra Patel said. The state government will provide cooperation to set up the facility and to make it a success, he said.

Gujarat’s “improving infrastructure and the government’s active and strong support increases confidence in setting up a semiconductor factory,” Foxconn said in a statement