{"id":17420,"date":"2023-06-28T04:51:33","date_gmt":"2023-06-28T04:51:33","guid":{"rendered":"https:\/\/www.newprojectstracker.com\/blog\/?p=17420"},"modified":"2023-06-29T04:58:19","modified_gmt":"2023-06-29T04:58:19","slug":"prominent-jv-resubmits-application-to-establish-manufacturing-unit-incentives","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/prominent-jv-resubmits-application-to-establish-manufacturing-unit-incentives\/","title":{"rendered":"Prominent JV resubmits application to establish manufacturing unit incentives"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/17420?pdf=17420\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/05\/Tata-Electronics-all-set-to-enter-semiconductor-packaging.jpg\" \/><\/p>\n<p>The Vedanta-Foxconn joint venture (JV) said that it has resubmitted an application to establish a manufacturing facility for electronic chips in India.<\/p>\n<p>\u201cWe have submitted the application as per the revised guidelines. We are committed to building a world-class fab in India,\u201d Vedanta Foxconn Semiconductor said in a statement.<\/p>\n<p>Its earlier application could not qualify for receiving financial incentives after it failed to get a partner with technical expertise in producing advanced semiconductor chips.<\/p>\n<p>In the new application for making chips under the government\u2019s $10 billion production-linked incentive (PLI) scheme, the company has sought government incentive in the 40-nanometer (nm) chip category, instead of 28-nm proposed earlier.<\/p>\n<p>The announcement comes a day after a media report stated that Foxconn was searching for a new partner, stepping back from the year old JV with the Anil Agarwal-led Vedanta group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report The Vedanta-Foxconn joint venture (JV) said that it has resubmitted an application to establish a manufacturing facility for electronic chips in India. \u201cWe have submitted the application as per the&#8230; <\/p>\n","protected":false},"author":1,"featured_media":7421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1916,163],"tags":[368],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/05\/Tata-Electronics-all-set-to-enter-semiconductor-packaging.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/17420"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=17420"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/17420\/revisions"}],"predecessor-version":[{"id":17422,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/17420\/revisions\/17422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/7421"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=17420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=17420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=17420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}