PLI Scheme

Vedanta-Foxconn Why Experts Now Worry Vedanta-Foxconn is not a Good Choice for Setting-up Fab and Display Units?

Vedanta wants its silicon FAB to be completed by 2025, and display unit operation by 2024 for which Foxconn is investing $118 -$120 million with a 40 percent minority stake

Among several applications that were submitted under the government’s newly unleashed semiconductor PLI scheme of Rs 760,000 Crore, India’s business tycoon Vedanta and its…