Vedanta-Foxconn talks with Karnataka on setting up chip unit stuck over sops - Economic Times

While the Indo-Taiwanese combine is willing to consider an investment of $ 20 billion, it is seeking 20% of the investment value or $ 4 billion back in the form of incentives and concessions, according to sources briefed on the matter. The expectation is base…

Vedanta-Foxconns discussions with the Karnataka government over setting up of a semiconductor chip manufacturing unit in the state have hit a roadblock over incentives, people in the know told ET. T… [+3548 chars]

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