 "fab chip semiconductors")
The government has put Vedanta Group’s proposal for setting up the much-touted mega semiconductor fab plant on the back burner due to the company’s inability to rope in a technology partner.
Instead, it is considering two new fab proposals, one of which is “very credible” and another, which is also on the pipeline. However, their names have not been disclosed. The vedanta Group’s joint venture (JV) with leading technology service provider, Foxconn, fell through last year.
When asked about the fate of Vedanta’s mega fab proposal, the minister of state for electronics and information technology, Rajeev Chandrasekhar, said: “They (Vedanta) have
