Ahmedabad, 12/9: Vedanta Ltd has selected Prime Minister Narendra Modi’s home state of Gujarat for its semiconductor project, two sources told Reuters, the first major step in its $20 billion (Rs 1.6 lakh crore) joint venture with Taiwan’s Foxconn.
The project will include display and semiconductor facilities near the largest city of Ahmedabad in the western state, the source added, declining to be named ahead of an official announcement.