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VEDANTA SEMICONDUCTOR UNITS
Vedanta says awaiting India govt nod for semiconductor plant in GujaratVedanta had to rework its foray into semiconductors after Foxconn pulled out of its $19.5 billion chipmaking project.
Terry Daly appointed Advisor for Vedanta's semiconductor bizThe company said Daly would be responsible for providing strategic counsel and inputs as the conglomerate looks at setting up a state-of-th...
Vedanta-Foxconn JV shares details of chip tech partnersOf the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akars...
Vedanta-Foxconn's chip making ambitions have hit a speed bumpDeal stalled over technology transfer, duration of partnership and investment issues
Vedanta will play lead in Foxconn JV with 63% stakeThe oil-to-metals group will continue to hold 63%, while Foxconn will own 37%, said Akarsh Hebbar, global managing director of display and ...
Vedanta appoints David Reed as CEO of semiconductor businessVedanta said David Reed will be responsible for setting up a state-of-the-art semiconductor fab unit and semiconductor assembling and testi...
Foxconn, Vedanta plan tech tie-up with STM for India semiconductor manufacturing unitFoxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...
Cabinet approves 50% incentive of project cost for setting up semiconductor unitsThe 50% fiscal support to all three schemes was based on a unanimous recommendation by an advisory committee consisting of experts from aro...
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...
Vedanta, Foxconn to set up fab & chip facility in GujaratWhile the supply shortage that gripped nations in mid-2020 has begun to ease, emerging economies including India are aggressively incentivi...
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.
Vedanta-Foxconn JV picks Gujarat to set up semiconductor unitVedanta-Foxconn JV is “at a very advanced stage with Gujarat for their investments” and the deal may be signed and announced this week.
Vedanta says semiconductor business can rake in $3 billion annuallyVedanta executives said at the conference that the company would target volumes of 240,000 sheets a month for its integrated display fab bu...
Vedanta Group eyes USD 3.5 billion turnover from chip business, one-third from exportsVedanta Foxconn JV is among three companies that have applied for setting up semiconductor manufacturing units in the country. Vedanta has ...
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...
Vedanta to finalize $20 billion Indian chip, display unit site by mid-June, says Chairman Anil AgarwalOil-to-metals conglomerate Vedanta said in February it will diversify into chip manufacturing and announced plans to form a joint venture w...
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...