Vedanta-Foxconn plan to collaborate with STM on semiconductor manufacturing in India.

Vedanta-Foxconn are almost ready to announce STMicroelectronics as their technical partner for their prospective semiconductor chip manufacturing facility in India.

The joint venture (JV) that was launched in February of last year would include Foxconn as its principal partner.

By the middle of March, the final project clearances are anticipated, according to sources.

By the middle of March, the final project clearances are anticipated, according to sources.