How Can Foxconn’s Exit Be A Fortunate Turn of Events in Disguise For India?

Taiwan’s Foxconn Technology has decided to end its partnership with India-focused resources conglomerate Vedanta to manufacture chips, dealing a blow to India’s ambitions of becoming a semiconductor manufacturing hub. The collaboration, valued at nearly $20 billion, aimed to establish a chip plant in Gujarat, the home state of Prime Minister Narendra Modi. Despite this setback, ... Read more