Foxconn eyes India chipmaking incentives after quitting Vedanta JV

Foxconn eyes India chipmaking incentives after quitting Vedanta JV

FILE PHOTO: The logo of Foxconn is seen outside a building in Taipei, Taiwan November 10, 2022. REUTERS/Ann Wang//File Photo

Taiwan’s Foxconn  said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion chipmaking joint venture.