Vedanta picks Gujarat for $20-bn semiconductor foray with Foxconn: Report

[pikkuboss]

Its better to build it in Tamil Nadu or Karnataka

Vedanta wouldn't touch Tamilnadu with a pole. Did you already forget Starlite fiasco?

 

[LakeHawk180]

I sincerely believe Gujarat will grow a lot faster and a lot more organically if it eases alcohol and meat restrictions. Local food is terrible once the novelty fades. You’re going to have to be more flexible to attract and retain global organisations (including Indian MNCs outside Adani) and talent.

I have personally turned down so many great opportunities just because I couldn’t imagine shifting to Ahmedabad - the way it is right now.

 

[Black Tornado]

Don't quote me, I m not interested.

Thats why you spend all day finding India-related negative news to post here, what happened now ?

 

[Lava820]

Don't quote me, I m not interested.

@Black Tornado

 

[Black Tornado]

I sincerely believe Gujarat will grow a lot faster and a lot more organically if it eases alcohol and meat restrictions. Local food is terrible once the novelty fades you’re going to be more flexible to attract and retain global organisations (including Indian MNCs outside Adani) and talent.

Yup, these restrictions are pretty bad, affects revenue genration as well.

 

[etylo]

https://twitter.com/x/status/1569573363722629120

Vedanta, Foxconn sign $20 billion Gujarat chip deal - Times of India

Foxconn is acting as the technical partner, while oil-to-metals conglomerate Vedanta is financing the project as it looks to diversify into chip manufacturing.

www.google.com

@Black Tornado @beijingwalker @VkdIndian @Cheepek @MH.Yang @UKBengali @BananaRepublicUK @AmiEktaKharapChele @Abu Shaleh Rumi @Beast @etylo @S10 @LakeHawk180 @INS_Vikrant @Raj-Hindustani
@Skull and Bones @nahtanbob
@Beast

Dont quote me too, i am not interested.

 

[Lava820]

Its better to build it in Tamil Nadu or Karnataka

From the article:
Vedanta is the third company to announce a chip plant location in India after international consortium ISMC and Singapore-based IGSS Ventures, which are setting up in the southern states Karnataka and Tamil Nadu, respectively

 

[MH.Yang]

Actually, I'm not interested.

There is no mature industrial cluster in India. The so-called semiconductor factory invested by Foxconn should only be some labor-intensive electronic product assembly factory. This should bring many low paid jobs to India.

There is no other advantage.

 

[etylo]

Yes you are interested in searching and posting negative news coming out of India.

I dont post any indian news for gods sake, i just repsond to you indians outrageous lies about china only.

 

[beijingwalker]

Thats why you spend all day finding India-related negative news to post here, what happened now ?

Less than 1% of my posts, I care about China, or maybe a little bit US, I search all day for India related news? are you kidding me?

 

[Black Tornado]

https://twitter.com/x/status/1569599031768399875

 

[pikkuboss]

Less than 1% of my posts, I care about China, or maybe a little bit US, I search all day for India related news? are you kidding me?

Please go away if you don't care. Don't pollute this thread where Indians are rejoicing.

 

[SoulSpokesman]

I agree with other posters here. GJ needs to get rid of prohibition if it wants to grow. ModiGee was the most likely candidate to have got it done. He should have done it in 2002 itself.

Regards

 

[Lava820]

Some details of Vedanta-Foxconn plans

→ Land to be finalized in next 15 days
→ Groundbreaking ceremony within next 3 months
→ Operatisionalisation in 2 years
→ To break even in other 5 years

• Incentives
- around 25% capital subsidy
- 20 years of subsidized power https://t.co/FBTapENXmF

 

[INDIAPOSITIVE]

https://twitter.com/x/status/1570750470804885504

IGSS signs up three equity partners for $3.5-bn wafer plant in Tamil Nadu​

IGSS signs up three equity partners for $3.5-bn wafer plant in Tamil Nadu

Vedanta-Foxconn announced an MOU to set up its chip and display plant in Gujarat on Wednesday

www.business-standard.com

Lam Research opens Centre for Engineering in Bengaluru for R&D in wafer fabrication hardware, software​

Lam Research opens Centre for Engineering in Bengaluru for R&D

The new centre will be equipped with design and testing equipment, which will allow its engineers in India to design, test, and validate new deposition and etch technologies on site. Until now, design was sent to other locations for testing

www.livemint.com