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."
These days it is raining heavily in many states of the country. Torrential rains started in Delhi
ISRO was a big success today. The testing of ISRO's reusable launch vehicle technology has been
Five-time winning team Mumbai Indians will be captained by Hardik Pandya for IPL 2024. The franch
ISRO chief S Somnath on Sunday said women combat test pilots will be sent to space in future mann
G20 Dinner: What were PM Modi and Jinping talking to each other? picture of a handshake surfaced
G-20 Summit Bali: A picture has surfaced of Prime Minister Narendra Modi and Chinese President Xi
The bill for 33 percent reservation for women in Lok Sabha and Legislative Assemblies has been pa
There is not much time left for the start of IPL 2024. The 17th edition of the tournament will st
A few weeks before the Lok Sabha elections, the Central Government announced to implementation of
Well-known Supreme Court lawyer Prashant Bhushan has given a big statement regarding one country,
Diamond Crown for Ram Lalla's Idol: The program of consecration of Ram temple in Ayodhya has been
