Vedanta has lined up partners for semiconductor manufacturing, says chairman Anil Agarwal

Earlier this week, Foxconn withdrew from $19.5 billion semiconductor joint venture with metals-to-oil conglomerate, signaling a change in their partnership dynamics

Vedanta office building in Mumbai | File Photo: Reuters

India: India’s Vedanta has lined up partners for its semiconductor manufacturing venture in the country, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the chipmaking project.

Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week.

Reporting by Sethuraman NR in Bengaluru; Editing by Nivedita Bhattacharjee

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