Vedanta-Foxconn to invest $22bn in Maharashtra for semiconductor manufacturing facility
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The Vedanta-Foxconn joint venture (JV) is all set to invest in Maharashtra. The state government will clear a proposal today to allot land to them so that they can establish a display fabrication and semiconductor manufacturing facility. The project will bring in investment in excess of Rs. 1.58 lakh crore to the state, according to Additional Chief Secretary (Industries), Baldev Singh.