The Congress targeted the BJP after Foxconn decided to exit. Congress said that whether it is the Gujarat model or New India, one should never trust the headlines created.
Congress accused
Congress general secretary Jairam Ramesh tweeted remembering the hype around the time the project was announced. Gujarat Chief Minister Bhupendra Patel had claimed that one lakh jobs would be created. This has been the fate of several MoUs signed at the Vibrant Gujarat Summit. Jayaram said in the next tweet that Foxconn-Vedanta are closed. Micron is still operational for semiconductor chip assembly, packaging, and testing. Ramesh says Micron is paying only 30 percent of the US$2.75 billion. The remaining 50 percent is being given by the Center and 20 percent by the Gujarat government. This is a huge subsidy.
Foxconn said – will not pursue a joint venture with Vedanta
Hon Hai Technology Group (Foxconn) said, "Foxconn has no affiliation with this entity, and attempts to retain its original name will confuse future stakeholders." Global contract-based electronics maker Foxconn and Vedanta last year signed an agreement to set up semiconductor and display manufacturing plants in Gujarat with an investment of about Rs 1.5 lakh crore. In a statement on Monday, Foxconn said, "As per the mutual agreement to explore more diversified growth opportunities, Foxconn has decided not to pursue the joint venture with Vedanta.
Support to Make in India campaign will continue: Foxconn
For more than a year, Hon Hai Technology Group (Foxconn) and Vedanta have worked hard to bring the idea of semiconductor manufacturing in India to reality, the statement said. It has been a useful experience that will strengthen both companies going forward. The company said, "Foxconn is confident of the growth potential of the semiconductor sector in India. We will continue to strongly support the government's 'Make in India' campaign and partner with diverse local partners to meet the needs of stakeholders." Will keep working with."
Janmashtami 2024: CM Yogi will inaugurate the grand festival, and Brijbhoomi will get the gift of projects worth Rs 583 crore
Preparations for the 5251st Sri Krishna Janmashtami are in full swing in the pilgrimage town of Mathura. The Maha Mahotsav will be inaugurated by Chief Minister Yogi Adityanath by flying a balloon in
IPL 2025 Auction: Father had sold his land to make Vaibhav a cricketer, now the son has made him proud in the auction
Vaibhav Suryavanshi was 10 years old at the time. His father, Sanjeev, had decided that he wanted to make his son a cricketer. To fulfill this dream, he sold his land, but he did not know that within
Delhi Blast: 'There is no mischief, there is a message in the blasts...', a big revelation in the investigation; this powder was used in the blast
A big revelation has been made when investigating the blast near Bansivala Sweets and CRPF School in Prashant Vihar. It has come to light that benzoyl peroxide i.e. bleaching powder was used in the
Delhi Cabinet: BJP managed regional and caste groups... Purvanchal had the upper hand; the Punjabi-Sikh community also got a place
Through the new government, BJP has tried to appease the regional and caste groups of Delhi. By making Rekha Gupta the Chief Minister, not only women have been given representation. Caste equations
Mandi Lok Sabha Election Result 2024: Kangana became 'Queen' in the first election itself, Congress was defeated; Vikramaditya suffered a crushing defeat
Bollywood queen Kangana Ranaut has made her mark in Mandi parliamentary constituency. Kangana has defeated her rival Congress party candidate and state Public Works and Urban Development Minister
IND vs IRE T20 Playing 11: Bumrah will have 'fitness test' in Ireland, eyes on Samson; Know Possible Playing-11
The first match of the three-match T0 series between India and Ireland will be played in Dublin on Friday (August 18). Team India will be captained by Jasprit Bumrah in this match. He will be the 11th
OBC status of 77 Muslim castes abolished in Bengal: How many people will be affected by this and what will be included in the court's decision?
Amidst the Lok Sabha elections, the Calcutta High Court in West Bengal has canceled all the OBC certificates issued by the Mamata government after 2010. In the decision, the High Court canceled the
Vijay Diwas: Salute to the heroes of the 1971 Indo-Pak war, The President and Prime Minister also paid tribute
Vijay Diwas celebrations, a symbol of India's historic victory in the 1971 war against Pakistan, are being celebrated today. On Monday, Vijay Diwas celebrations were held at Fort William, the Eastern
IND vs AFG: 'It is yours, it is yours...' Why did Rohit Sharma say this to Rishabh Pant? When ICC shared the video, the secret was revealed
India faced Afghanistan on Thursday, 20 in the Super-8 of T20 World Cup 2024. In this match, wicketkeeper Rishabh Pant took three catches. The video of Indian captain Rohit Sharma's funny reaction to
RCB vs GT: These eleven players will make you rich in Dream-11! Blindly make this strong player the captain.
After facing a crushing defeat at their home ground, Gujarat Titans have now reached their home to face RCB. In the 52nd match of IPL 2024, Royal Challengers Bangalore will clash with Gujarat at
