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- Published: September 13, 2022 14:22
New Delhi: Prime Minister Narendra Modi on Tuesday said in a Tweet that the MoU signed by Vedanta and Foxconn with the Gujarat government to set up the unit in the state is an important step accelerating India’s semi-conductor manufacturing ambitions.
He said the investment of Rs 1.54 Lakh crore will create a significant impact to boost economy and jobs.
PM Modi further said in his tweet this will also create a huge ecosystem for ancillary industries and help our MSMEs.
PM Modi’s tweets
This MoU is an important step accelerating India’s semi-conductor manufacturing ambitions. The investment of Rs 1.54 lakh crore will create a significant impact to boost economy and jobs. This will also create a huge ecosystem for ancillary industries and help our MSMEs. https://t.co/nrRbfKoetd
— Narendra Modi (@narendramodi) September 13, 2022
The MoU was signed today at a function held in Gandhinagar in the presence of Minister for Railways, Communications, Electronics & Information Technology, Ashwini Vaishnaw.
मुझे यह बताते हुए खुशी है कि मान. प्रधानमंत्रीजी के भारत को सेमीकंडक्टर निर्माण क्षेत्र में आत्मनिर्भर बनाने के संकल्प को साकार करने की दिशा में गुजरात ने पहल कर राज्य में सेमीकंडक्टर व डिस्प्ले फेब निर्माण के लिए वेदांता-फॉक्सकॉन ग्रुप के साथ ₹१.५४ लाख करोड़ के MoU किए हैं। pic.twitter.com/vTidieaXbS
— Bhupendra Patel (@Bhupendrapbjp) September 13, 2022
Also Read: Vedanta’s Anil Agarwal says ‘India’s own Silicon Valley is a step closer now’