CapEx News

Foxconn looking to manufacture chips in India separately

Manufacturing Jul 12,2023

Following its withdrawal from a joint venture with Vedanta, Foxconn is reportedly considering independent chip production in India. The Taiwanese firm plans to seek government permission to build two

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Vedanta and Foxconn end their joint venture for chip plant in India

Manufacturing Jul 11,2023

Vedanta and Foxconn have ended their joint venture to build a Rs 1.54 trillion semiconductor and display manufacturing facility in Gujarat, India. The project, which aimed to establish the first semic

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Prominent JV resubmits application to establish manufacturing unit incentives

Manufacturing Jun 28,2023

The Vedanta-Foxconn joint venture has resubmitted an application to establish a chip manufacturing facility in India. Their previous application failed to qualify for financial incentives due to a lac

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