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Vedanta-Foxconn joint venture finalizes Dholera Special Investment Region near Ahmedabad for semiconductor and display manufacturing facility.
Memorandum of Understanding (MoU) signed with Gujarat Government for Rs 1,54,000 crore investment. MoU signed in presence of Minister for Railways, Communications, Electronics & Information Technology Ashwini Vaishnaw.
Dholera SIR chosen after detailed site analysis with Gujarat government authorities.
Facility expected to create job opportunities for one lakh people; will be India's first manufacturing facility of its kind.