The Vedanta-Foxconn joint venture has decidedly finalised the Dholera Special Investment Region near Ahmedabad to establish its semiconductor and display manufacturing facility.
The JV had signed a memorandum of understanding (MoU) with the Gujarat Government for an investment of Rs 1,54,000 crore to set up facility in the state. The MoU was signed last year in presence of of Minister for Railways, Communications, Electronics & Information Technology Ashwini Vaishnaw.
When established, it will be the very first manufacturing facility in India.
“After a detailed site analysis in consultation with Gujarat government authorities, the joint venture entity of Vedanta and Foxconn has selected Dholera SIR for setting up their semiconductor and display manufacturing facility. The project is in the advanced stage of evaluation by the government of India,” the official told PTI.
The facility at Dholera SIR is expected to provide job opportunities for one lakh people.
06Jul 
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07Jul by admin 
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