According to a statement issued by the company, "This is not a negative. There was recognition from both sides that the project was not mov...

Foxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.

The minister said that both Foxconn and Vedanta have significant investments in India and are valued investors who are creating jobs and gr...

Taiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Prime Minister Narendra Modi'...

The company had earlier announced that the plant will be set up with an investment of around Rs 1.5 lakh crore and start making revenue by ...

This will pave the way for the Centre’s bid to establish India as a global hub for semiconductors.

Of the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akars...

Deal stalled over technology transfer, duration of partnership and investment issues

Foxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...

The Vedanta-Foxconn consortium is one of the five applicants seeking government incentives under a $10-billion package announced in Decembe...

"I have a letter which states that the Maharashtra government had not signed any MoU with Vedanta-Foxconn till now. Similarly, no land of t...

During his meeting with PM Modi in August, the Foxconn chief had discussed a slew of initiatives including semiconductors and electric vehi...

"Maharashtra, Telangana and Karnataka were competing for the Foxconn-Vedanta semiconductor manufacturing plant. It requires a very high-end...

Vedanta-Foxconn JV is “at a very advanced stage with Gujarat for their investments” and the deal may be signed and announced this week.

Companies need to demonstrate clear expertise in the specialised field of semiconductor manufacturing to qualify for incentives under India...

The ministry for electronics & information technology (MeitY) wants the Anil Agarwal-owned Vedanta and Taiwan-based Foxconn Technology Grou...

Vedanta Foxconn JV is among three companies that have applied for setting up semiconductor manufacturing units in the country. Vedanta has ...