Neither of the companies had prior semiconductor experience or technology, says MoS IT Rajeev Chandrasekhar . . As per IANS, incentive approval delays by the government might have contributed to Foxconn's decision to pull out of the venture. Vedanta says that it has lined up other partners to set up India’s first foundry. Advertisement Foxconn-Vedanta deal Advertisement semiconductor manufacturing Advertisement Advertisement Advertisement Foxconn-Vedanta JV Barely a year into signing an ambitious $19.5 billion deal to manufacture semiconductors in India, thewent sour and it was curtains on Monday.While Foxconn did not give a reason for the same, the Union Minister of...