Elon Skips Gujarat Summit But Tesla Welcome To Invest
Gandhinagar, Gujarat is set to host the 10th annual Vibrant Gujarat Summit from 10 Jan 2024 to 12 Jan 2024. Delicacies from many countries are attending this summit. However, one of the biggest guests and the CEO of Tesla Automotive has confirmed that he will not be attending the summit, a senior government official disclosed….
Vedanta & Foxconn To Build India’s First Chip Plant
India’s diversified mining company Vedanta Ltd. and Taiwan’s Foxconn signed a deal to set up a $20 billion semiconductor project in Gujarat. The project is intended to produce chips and displays near Ahmedabad. Bhupendrabhai Patel, the Chief Minister of Gujarat, said that the establishment of this manufacturing unit would create more than 100,000 jobs, and…
Tata Motors Is Ready For Expansion With Acquisition Of Ford’s Gujarat Plant
Tata Motors agrees to acquire the Ford Motors Co. plant based in Gujarat. According to Tata Motors’ statement, the Indian automaker will pay 7.26 billion rupees ($92 million) for the deal, which includes land, building, and a vehicle manufacturing plant in Sanand, Gujarat and its machinery and equipment. “With our manufacturing capacity nearing saturation, this…