Step towards realising PM Narendra Modi Ji’s vision to establish India as a trusted partner in global semiconductor supply chain. Vedanta-Foxconn inked MoU with Gujarat for setting up semiconductor & display fab for ₹1.54 lakh crore and generate 1 lakh direct employment.
Vedanta Group Chairman Anil Aggarwal said in a media interaction that our company has been trying for the last two years to start a semiconductor plant in Gujarat, as a result of which the Gujarat government has given us land to set up a semiconductor plant in the vicinity of Ahmedabad, Gujarat. For which further processing is being done by our company team.
Vedanta fox conn which sign in MOU earlier this week to invest $20 billion for Semiconductor plant in Gujarat it has been soon 8 probable locations for setting up the facility this location are at Sanand and Mandal bechraji in Ahmedabad district to near Baroda in the central of Gujarat Dholera, Himmatnagar Jamnagar and Kutch top sources close to the development side the Consortium has sort a land parcel of between 800 and 1000 acers preferably near one of the big cities of Gujarat.
Further, Agarwal noted that due to the start of the plant, in the next two years.
Employment of large number of youth including large number of small and medium enterprises will get It is worth mentioning that on Tuesday, September 13, the Chief Minister at Gandhinagar.
Sources said that Vedanta foxcon officials are knee for allocations which is connected with well Ahmedabad this complete is likely to finalize a location for its proposed plant within the next 12 to 2 weeks and prime minister Narendra Modi is expected to lay the foundation stone of the plant in the coming weeks source said that some of the requirements lay down by the Consortium for selecting the proposed locations are that the plot of land should be located at the far distance from national or state highways to completely cut out vibration of the ground which are cause by movement of heavy vehicles.
Beside there should should not be any major industry located in the vicinity of the proposed plant the products made by the this company are extremely sensitive to vibration noise pollution and other external factors it is likely that the Consortium will finalize one location from these three Dholera near Himmatnagar or nearby Vadodara said by the top government sources.