After Vedanta’s $19.5 billion semiconductor joint venture with Taiwan’s Foxconn recently fell through, Agarwal says 100% committed to make semiconductors in India.
Taiwanese tech giant says it sees India 'establishing robust semiconductor manufacturing ecosystem' and that its working to submit application under govt’s chip manufacturing incentives.
Explaining its breakup with Vedanta, Foxconn said Tuesday ‘there was recognition from both sides that the project was not moving fast enough’ and there were other ‘challenging gaps.’
The companies, partnered last year to set up semiconductor and display production plants in Gujarat, are believed to have disputes over incentive approval delays by Indian government.
Minister of State for Electronics and IT Rajeev Chandrasekhar tweets that it is not for govt 'to get into why or how two private companies choose to partner or not'.
Upholding 2010 Orissa HC order quashing land acquisition, SC said govt move left 6,000 families landless & rapped its disregard for environmental impact as land abuts wildlife sanctuary.
Islamabad-based think-tank PICSS's new report says Pakistan saw 'pronounced escalation' in violence last year, with 3,413 conflict-related deaths compared to 1,950 in previous year.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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