{"id":4994,"date":"2022-02-16T06:15:03","date_gmt":"2022-02-16T06:15:03","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=4994"},"modified":"2023-06-19T09:25:29","modified_gmt":"2023-06-19T09:25:29","slug":"vedanta-foxconn-to-float-joint-venture-to-make-semiconductors-in-india","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/vedanta-foxconn-to-float-joint-venture-to-make-semiconductors-in-india\/","title":{"rendered":"Vedanta, Foxconn to float joint venture to make semiconductors in India"},"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\/4994?pdf=4994\" 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 class=\"alignnone wp-image-4995 aligncenter\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Vedanta-Foxconn-300x225.jpg\" alt=\"\" width=\"408\" height=\"307\" srcset=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Vedanta-Foxconn-300x225.jpg 300w, https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Vedanta-Foxconn-1024x768.jpg 1024w, https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Vedanta-Foxconn-768x576.jpg 768w, https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Vedanta-Foxconn.jpg 1200w\" sizes=\"(max-width: 408px) 100vw, 408px\" \/><\/p>\n<p>Vedanta has announced signing a pact with Foxconn to form a joint venture for making semiconductors in India.<\/p>\n<p>\u201cAccording to the MoU (memorandum of understanding) signed between the two companies, Vedanta will hold the majority equity in the JV, while Foxconn will be the minority shareholder,\u201d a statement said.<\/p>\n<p>It added that Vedanta chief Anil Agarwal will be the chairman of the joint venture. The targeted project plans to invest in manufacturing semiconductors.<\/p>\n<p>\u201cIt will provide a significant boost to domestic manufacturing of electronics in India. Discussions are currently ongoing with a few state governments to finalise the location of the plant,\u201d the statement further said.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Vedanta has announced signing a pact with Foxconn to form a joint venture for making semiconductors in India. \u201cAccording to the MoU (memorandum of understanding) signed between the two companies,&#8230; <\/p>\n","protected":false},"author":4,"featured_media":4995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[368],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/Vedanta-Foxconn.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4994"}],"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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=4994"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4994\/revisions"}],"predecessor-version":[{"id":4996,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4994\/revisions\/4996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/4995"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=4994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=4994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=4994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}