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...

Union Ministers Ashiwini Vaishnaw and Rajeev Chandrasekhar say the move won’t impact India’s chip mission.

Taiwan's Foxconn has withdrawn from a $19.5 billion (about Rs 1.5 lakh crore) semiconductor joint venture with mining baron Anil Agarwal's ...

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

Taiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Prime Minister Narendra Modi'...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

Vedanta Resources Ltd (VRL), the parent entity of vedanta limited recently raised $450 million from two of its principal rivals — Trafigura...

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...

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...

The union minister for electronics and information technology Ashwini Vaishnaw was also present in Gandhinagar at the signing of the MoU.

Vedanta executives said at the conference that the company would target volumes of 240,000 sheets a month for its integrated display fab bu...

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