VEDANTA RESOURCES' CHAIRMAN Anil Agarwal's plan to build a $19-billion chipmaking plant in India is floundering as his venture struggles to secure a technology partner and faces challenges in obtaining financial incentives from the government.
Seven months after Agarwal announced a chip partnership with Taiwan's Hon Hai Precision Industry, the venture is yet to tie up with a fabrication unit operator or licence manufacturing-grade technology, people familiar with the matter said. One of those is required for the venture to receive the significant financial incentives the government has pledged for such projects.
Esta historia es de la edición April 07, 2023 de Financial Express Mumbai.
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