Vedanta, Foxconn to Invest $19.5 Billion in India’s Gujarat for Chip, Display Project

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NEW DELHI—Vedanta Ltd. and Taiwan’s Foxconn will invest $19.5 billion under pacts signed on Tuesday to set up semiconductor and display production plants in Gujarat, the home state of Indian Prime Minister Narendra Modi. Reuters was first to report on Monday that the joint venture obtained subsidies including on capital expenditure and electricity from Gujarat […]

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