Foxconn Vedanta Deal Cancelled | Pulls Out From $19.5 Billion Semiconductor Venture Project

Billionaire Anil Agarwal’s ambitious plan to set up a $19.5 billion semiconductor plant in India has come to an abrupt halt after electronic manufacturing giant Foxconn decided to pull out from $19.5 billion semiconductor joint venture project with Vedanta, formed last year to set up a semiconductor manufacturing company in Gujarat’s Dholera. The question is why Foxconn pulled out of the joint venture? Watch the video to know the entire story #vedanta, #foxconn #AnilAgarwal, #gujarat #dholeragujarat Moneycontrol is India’s leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: Follow us: Visit Facebook: Twitter: Instagram: