{"id":39,"date":"2022-02-15T08:21:28","date_gmt":"2022-02-15T08:21:28","guid":{"rendered":"http:\/\/patringa.com\/?p=39"},"modified":"2022-06-10T13:01:32","modified_gmt":"2022-06-10T13:01:32","slug":"vedanta-ties-up-with-foxconn-to-manufacture-semiconductors-in-india","status":"publish","type":"post","link":"https:\/\/patringa.com\/blog\/vedanta-ties-up-with-foxconn-to-manufacture-semiconductors-in-india\/","title":{"rendered":"Vedanta has partnered with Foxconn to manufacture semiconductors in India."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"39\" class=\"elementor elementor-39\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-024ecb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"024ecb9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f31ca92\" data-id=\"f31ca92\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8c470f5 elementor-widget elementor-widget-heading\" data-id=\"8c470f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Vedanta will hold a majority interest, while Foxconn will be a minority shareholder. Vedanta's Chairman, Anil Agarwal will head the joint venture.<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27d919d elementor-widget elementor-widget-text-editor\" data-id=\"27d919d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p dir=\"auto\" data-pm-slice=\"1 1 []\">India-based Vedanta has signed an agreement with Taiwan\u2019s Hon Hai Technology Group, better known as Foxconn, to manufacture semiconductors in India.<\/p><p dir=\"auto\">After the government proposed to create a production-linked incentive (PLI) scheme for semiconductor and display manufacturing, many companies are considering moving their facilities to India. India mainly imports these products which can hamper local production so this move will be advantageous.Silicon Valley, heart of the U.S. tech industry, hasn&#8217;t been able to keep up with demand for products that use semiconductors, even as suppliers are struggling with shortages due to the pandemic disruption.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-75d4566 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75d4566\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d62e8f0\" data-id=\"d62e8f0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Vedanta will hold a majority interest, while Foxconn will be a minority shareholder. Vedanta&#8217;s Chairman, Anil Agarwal will head the joint venture. India-based Vedanta has signed an agreement with Taiwan\u2019s Hon Hai Technology Group, better known as Foxconn, to manufacture semiconductors in India. After the government proposed to create a production-linked incentive (PLI) scheme for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":753,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"googlesitekit_rrm_CAowgdq5DA:productID":"","_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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will hold a majority interest, while Foxconn will be a minority shareholder. Vedanta&#8217;s Chairman, Anil Agarwal will head the joint venture. India-based Vedanta has signed an agreement with Taiwan\u2019s Hon Hai Technology Group, better known as Foxconn, to manufacture semiconductors in India. 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