Minister Says Foxconn Exit Won't Hit Goals: "India Just Getting Started"
NDTV
Vedanta and Foxconn had signed agreements last September to set up semiconductor and display production plants in Gujarat.
The decision of Taiwan's Foxconn to withdraw from a $19.5 billion chip-making venture with Vedanta will have no impact on India's goals in the semiconductor space, Union Minister Rajeev Chandrasekhar has said. ➡️This decision of Foxconn to withdraw from its JV wth Vedanta has no impact on India's #Semiconductor Fab goals. None.➡️Both Foxconn n Vedanta have significant investments in India and are valued investors who are creating jobs n growth.➡️It was well known that both… https://t.co/0DQrwXeCIr
Mr Chandrasekhar, Minister for State for Electronics and IT, said in a Twitter post yesterday that both companies did not have any prior experience in the semiconductor manufacturing sector.
"Its not for govt to get into why or how two private companies choose to partner or choose not to, but in simple terms it means both companies can & will now pursue their strategies in India independently, and wth appropriate technology partners in Semicon n Electronics (sic)," the minister added.
Voting for the 288 seats in the Maharashtra Assembly - the last major election this year - took place in a single phase on Wednesday; the majority mark is 145.
The AAP surprised many by releasing an early-bird first list of 11 candidates - of whom three are recent joinees from the Congress and three from the BJP - for next year's Delhi Assembly election.
The builder said he got a video call from a man wearing a police uniform who claimed to be an officer from the Narcotics Control Bureau.
This tragedy is not an isolated incident, but emblematic of the broader devastation wrought by the ongoing conflict in Manipur
Senior police officer Dinesh P told the media that Katyal misused his contacts at St Stephen's and the connections he made during his stint in corporate affairs to drop names
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Adani Group has asserted that these were mere allegations and must be seen only as that. It also said it would explore a legal course of action.
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The Squirrel Cage Jail, an architectural marvel, is one of only three remaining revolving jails in the US, and it’s renowned for its eerie and unsettling design.
The possible involvement of an outsider in releasing the snake inside the train's coach is among the angles being investigated.