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Vedanta Partnered with Foxconn

Published on February 16, 2022
Current Context: Vedanta has partnered with Foxconn which is based in Taiwan.
Vedanta Partnered with Foxconn
  • Foxconn is the world’s largest contract electronics manufacturer.
  • They have partnered to make semiconductors in India.
  • The partnership will help to fulfill the gap of global chip shortage and will help India in chip manufacturing.
  • The Vedanta will be the majority shareholder in a new joint venture company with Foxconn.
  • The chairman of the company will be Anil Agarwal, who is the chairman of Vedanta.
  • There will be an enhancement in the manufacturing process of electronics due to the partnership.

Question: 

Q.1 Which company partnered with Foxconn to make semiconductors in India?
a. Philips
b. Bajaj Electronics
c. Havells India Ltd
d. Vedanta

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