The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

The Vedanta Semiconductor Plant Has Gone with the Wind

December 22, 2022
Source: analyticsindiamag.com analyticsindiamag.com
News Snapshot:
Listen to this story Not so long ago, Vedanta Chairman Anil Agarwal announced in a series of tweets that in a joint venture with Taiwanese multinational electronics contract manufacturer Foxconn, it had signed a Memorandum of Understanding (MoU) with the Gujarat government to set up a semiconductor and display manufacturing unit. Agarwal said that the landmark investment of INR 1.54 lakh crore would help make India’s Atmanirbhar Silicon Valley a reality. However, as per recent reports, Vedanta is struggling to get financial backing to facilitate the establishment of these units. Additionally, ET reported that Agarwal’s representatives met with large financiers...
Go To Original Source →
Tags: agreement | AIM | bank | Belgium | Business | California | chairman | China | contract | finance | Foxconn | Gadgets & Electronics | Indian | investment | Japan | joint venture | Malaysia | manufacturer | manufacturing | Middle East | semiconductor | Silicon Valley | Singapore | Taiwan | technology

Other Related News:

Elon Musk meets Chinese industry minister to discuss electric cars

May 31, 2023

Shares hit two-month on China worries, hot inflation data

May 31, 2023

Chinese leader urges national security drive over artificial intelligence risks

May 31, 2023

China warns of artificial intelligence risks, calls for beefed-up national security measures

May 31, 2023

Ties between US & India ‘historic and generational’, says Eric Garcetti

May 31, 2023

North Korea spy satellite launch fails as rocket falls into the sea

May 31, 2023

BGMI now available in India: Here’s how to download and restore your old account

May 31, 2023

These are the 10 best performing AI stocks so far this year

May 31, 2023

North Korea fails on attempt to launch its first spy satellite

May 31, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter