Foxconn reaffirms India commitment after Vedanta deal falls throughAccording to a statement issued by the company, "This is not a negative. There was recognition from both sides that the project was not mov...
11 Jul, 2023, 12.06 PM IST
Foxconn dumps $19.5 billion Vedanta chip plan in blow to IndiaFoxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.
10 Jul, 2023, 09.14 PM IST
As Foxconn withdraws, Vedanta says other partners lined for chip plantVedanta said that it has redoubled efforts to fulfil the Prime Minister Narendra Modi's vision for semiconductors and affirmed that India r...
10 Jul, 2023, 06.44 PM IST
Vedanta expects to start building semiconductor plant by October-December quarterVedanta Semiconductor and Display business, global managing director, Akarsh Hebbar and Vedanta-Foxconn Semiconductors Limited CEO David Re...
18 Apr, 2023, 07.35 PM IST
Billionaire Anil Agarwal’s India chip dream at risk as hurdles mountBillionaire Anil Agarwal's $19bn plan to establish a chipmaking plant in India is facing difficulties due to the venture's inability to sec...
06 Apr, 2023, 02.36 PM IST
Government to approve up to two chip manufacturing units this year: Rajeev Chandrasekhar"The year 2023 will be an important milestone. We will cross Rs 1 lakh crore in mobile phone exports this year. We will be certainly announ...
24 Feb, 2023, 06.34 PM IST
Foxconn chief may call on PM in November to push semiconductor forayDuring his meeting with PM Modi in August, the Foxconn chief had discussed a slew of initiatives including semiconductors and electric vehi...
22 Sep, 2022, 06.00 AM IST
Vedanta's Rs 1.54 lakh crore semiconductor plans won't chip away at liquidity: S&PVedanta and its partner and Taiwanese electronics manufacturing giant Foxconn last week signed a pact with the Gujarat government for setti...
19 Sep, 2022, 12.27 PM IST
Gujarat government and Vedanta group sign MoU to set up semiconductor unitThe union minister for electronics and information technology Ashwini Vaishnaw was also present in Gandhinagar at the signing of the MoU.
13 Sep, 2022, 03.14 PM IST
Vedanta Group eyes $3.5 billion turnover from chip business, one-third from exportsVedanta Group has earmarked investments of up to USD 20 billion for semiconductor business, and it plans to invest USD 15 billion in the fi...
03 Jul, 2022, 02.59 PM IST
Vedanta-Foxconn talks with Karnataka on setting up chip unit stuck over sopsWhile the Indo-Taiwanese combine is willing to consider an investment of $ 20 billion, it is seeking 20% of the investment value or $ 4 bil...
18 May, 2022, 03.58 PM IST
Inside Anil Agarwal's playbook to become the country's No. 1 chipmakerAgarwal said he is in talks with the government to avail of financial incentives for setting up a semiconductor plant. Vedanta has a partne...
14 May, 2022, 11.49 AM IST
Vedanta in active negotiations with Oppo, Vivo on semiconductor dealsIn January, Vedanta had announced a tieup with Taiwanese electronics manufacturer Foxconn for a multi-billion dollar semiconductor manufact...
12 May, 2022, 06.00 AM IST
Vedanta in active negotiations with Oppo, Vivo on semiconductor dealsIn January, Vedanta had announced a tieup with Taiwanese electronics manufacturer Foxconn for a multi-billion dollar semiconductor manufact...
11 May, 2022, 08.01 PM IST
Vedanta scouting across five states as semiconductor plan picks paceLast month, Vedanta said it planned to invest $8.4 billion in a chip manufacturing unit in partnership with Hon Hai Technology Group (Foxco...
22 Mar, 2022, 06.00 AM IST
Vedanta team visits Pune to explore feasibility for setting up semiconductor plant"A team from Vedanta visited Pune on Thursday. They were just assessing the place and the ecosystem for their proposed semiconductor unit,"...
25 Feb, 2022, 08.20 PM IST
Semiconductor space: Vedanta to invest up to $20 bn in electronic chip business in India, roll out by 2025Vedanta's group firm Avanstrate, which will spearhead the semiconductor business, expects to roll out electronic chips and displays from In...
18 Feb, 2022, 02.52 PM IST