Taiwan’s Foxconn submits application to set up semiconductor unit in India

Thursday, 21 December 2023 11:20:31 (GMT+3)   |   Kolkata

Taiwan’s Foxconn has submitted an application to set up a semiconductor manufacturing facility in India, junior minister for electronics, Rajeev Chandrasekhar informed Parliament on Thursday, December 21.

The independent application from Foxconn follows after the latter terminated its joint venture with resource major Vedanta Limited to set up a semiconductor fabrication plant, earlier this year.

Foxconn has submitted its application under the modified scheme for setting up of semiconductor unit in India, the minister said.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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