Vedanta Foxconn JV Resubmits Application for Semiconductor Plant in India

  • Vedanta Foxconn plans to invest Rs 1.5 lakh crore in the facility.
  • The modified semiconductor program offers increased fiscal incentive of 50% of the project cost for setting up Fabs in India.
  • Production set to start by 2027 with 5,000 wafers initially, scaling up to 40,000 wafers a month.
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