ISMC's India chip plan stalls after Tower-Intel deal in setback to Modi

India's ambitions to become a chip-making hub have been dealt a blow by the stalling of two multi-billion dollar investments from leading players in the global semiconductor industry. The Vedanta-Foxconn JV as well as a global consortium ISMC are struggling to find partners to advance their planned $3bn and $19.5bn investments respectively.

from Tech-Economic Times
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