Vedanta is in talks to raise up to $3 billion debt in semiconductors push - Economic Times

The oil-to-metals conglomerate decided in February to diversify into chip manufacturing and formed a joint venture with Taiwan's Foxconn. It has a total planned investment outlay of $20 billion.

Vedanta is in talks with banks to raise debt of $2.5 billion-$3 billion to bolster its semiconductor and display manufacturing plans as it races to become the country's first chipmaker, a senior comp… [+2317 chars]

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