PM expresses optimism after the Government of Gujarat signs an MoU of ₹ 1.54 lakh crore with Vedanta-Foxconn Group for manufacturing semiconductor and display fab

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PM expresses optimism after the Government of Gujarat signs an MoU of ₹ 1.54 lakh crore with Vedanta-Foxconn Group for manufacturing semiconductor and display fab

An investment of Rs 1.54 lakh crore will create a significant impact to boost the economy and jobs

By PIB Delhi

The Prime Minister, Shri Narendra Modi has expressed optimism after the Government of Gujarat signed an MoU of ₹ 1.54 lakh crore with Vedanta-Foxconn Group for the manufacture of semiconductor and display fab. 

The Prime Minister also pointed out that the investment will create a significant impact to boost the economy and jobs while also helping in creating a huge ecosystem for ancillary industries and thereby helping our MSMEs.

Sharing a tweet by Chief Minister of Gujarat, Shri Bhupendra Patel, the Prime Minister tweeted;

“This MoU is an important step in accelerating India’s semi-conductor manufacturing ambitions. The investment of Rs 1.54 lakh crore will create a significant impact to boost the economy and jobs. This will also create a huge ecosystem for ancillary industries and help our MSMEs.”

About Post Author

Suman Munshi

Founder Editor of IBG NEWS (15/Mar/2012- 09/Aug/2018). Recipient of Udar Akash Rokeya Shakhawat Hossain Award 2018. National Geographic & Canon Wild Clicks 2011 jury and public poll winner. Studied Post Graduate Advance Dip in Computer Sc., MBA IT,LIMS (USA & Australia), GxP(USA & UK),BA (Sociology) Dip in Journalism (Ireland), Diploma in Vedic Astrology, Numerology, Palmistry, Vastu Shastra & Feng Sui 25 years in the digital & IT industry with Global MNCs' worked & traveled in USA, UK, Europe, Singapore, Australia, Bangladesh & many other countries. Education and Training advance management and R&D Technology from India, USA, UK, Australia. Over 30 Certification from Global leaders in R&D and Education. Computer Science Teacher, IT & LIMS expert with a wide fan following in his community. General Secretary West Bengal State Committee of All Indian Reporter’s Association
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