BENGALURU : India's metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set up to make semiconductors.
Volcan and Foxconn signed a pact last year to invest $19.5 billion to set up semiconductor and display production plants in the state of Gujarat in west India to tap into the country's plans to become an electronics major.
Source: News Formal (newsformal.com)
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