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…
abhinav singh
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…
Roopa