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September 16,2022

Vedanta-Foxconn spent INR 1.54 crore to enter in India's semiconductor market.

Semiconductor chips, or microchips, are an important supplement for the manufacturing industries like cars, mobiles, laptops, digital equipment, etc. Due to a lack of semiconductor manufacturing plants, India is too dependent on importing these chips from other countries in this digital era. The shortage of semiconductors in India is attracting private and foreign companies to invest in the Indian semiconductor market.

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