Friday, June 24, 2022

 PM MODI MEETS FOXCONN CHIEF ,hails manufacturing plans for India . 


Prime minister Narendramodi has  deal with a Taiwan based company  (Foxxconn )for the electronic manufacture in India .Taiwan-based company is also planning to set up an EV manufacturing in India and they also trying to set up there manufacturing units SouthEast  Asian including India . Vendanta and foxcon signed an agreement and  they together joined as joint venture  company in India .Vedanta hold a 60 percent of equity while Foxconn earn a 40 percent of equity . Vedanta is planning to  invest 

15 billion to build displays and semi conductors chips in India .

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