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Vedanta and Foxconn to build $19.5bn chip plant in India’s Gujarat

KATHMANDU: Vedanta and Foxconn are to invest Rs 1.54tn ($19.4bn) in Prime Minister Narendra Modi’s home state of Gujarat to build one of India’s first semiconductor manufacturing complexes — part of a high-stakes, government-backed push to build domestic chipmaking capacity. The Indian mining and industrial group and the Taiwanese...

Vedanta and Foxconn to build $19.5bn chip plant in India’s Gujarat
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