As part of semiconductor manufacturing, Rs. Gujarat and Vedanta Foxconn Group have jointly entered into an agreement with an investment of 1.54 lakh crores. Chief Minister Bhupendra Patel said that with this agreement the economy will be strengthened and jobs will increase.

India’s semi-conductor manufacturing: The Gujarat government is taking steps towards Prime Minister Narendra Modi’s slogan Atmanirbhar Bharat. To this extent, the Gujarat government has initiated a key agreement. As part of the Atmanirbhar Bharat slogan, the Bhupendra Patel government signed a huge contract for the manufacture of semi-conductors. As part of semiconductor manufacturing, Rs. Gujarat and Vedanta Foxconn Group have jointly entered into an agreement with an investment of 1.54 lakh crores. Chief Minister Bhupendra Patel said that with this agreement the economy will be strengthened and jobs will increase. Tweeted to this effect. Prime Minister Modi (PM Modi) responded to this. The MoU is said to be an important step towards accelerating India’s semiconductor manufacturing ambitions. Investments of Rs.1.54 lakh crore will further contribute to increase the economy and jobs. It also creates a huge ecosystem for allied industries. It will also help MSMEs,” the Prime Minister tweeted.

Meanwhile, Gujarat Chief Minister Bhupendrabhai Patel tweeted. He said that the Gujarat government has signed an agreement for a key project to fulfill the ambitions of Prime Minister Modi.

“Under the guidance of Prime Minister Narendra Modi, Gujarat has become a policy-oriented state. Recently Gujarat launched a dedicated semiconductor policy. #DoubleEngineSarkar This deal will strengthen Gujarat’s semiconductor ecosystem and further increase investment in the sector.

According to this important MoU signed in the presence of Union Minister of Communications, Electronics and Information Technology Ashwini Vaishnav, this will be the largest investment in the semiconductor sector in the states of the country. This will further increase employment opportunities. The CM said that it will provide employment to lakhs of youth in the state.

I am glad to inform. To fulfill the Prime Minister’s intention to make India self-reliant in the field of semiconductor manufacturing, Gujarat has taken the initiative and entered into a Rs 1.54 lakh crore MoU with the Vedanta-Foxconn Group for the manufacture of semiconductor and display fabs in the state. Bhupendra Patel tweeted.

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