What IT minister Rajeev Chandrasekhar said on Foxconn junking $19.5 billion Vedanta chip plan
Taiwanese electronics manufacturer Foxconn's decision to pull out of Vedanta joint venture has no impact on India's semiconductor fabrication plant goal, minister of state for electronics and IT Rajeev Chandrasekhar said. "This decision of Foxconn to withdraw from its JV wth Vedanta has no impact on India's Semiconductor Fab goals. None," Chandrasekhar tweeted.Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with mining baron Anil Agarwal's Vedanta Ltd. The announcement comes as the venture…