India approves HCL-Foxconn joint venture semiconductor unit

Reuters

Wed, May 14, 2025, 2:47 AM

NEW DELHI (Reuters) -India's furniture connected Wednesday approved a caller semiconductor unit, a associated task betwixt HCL Technologies and Foxconn, costing 37.06 cardinal rupees ($434.72 million) and to beryllium located successful the bluish authorities of Uttar Pradesh, accusation curate Ashwini Vaishnaw said.

($1 = 85.2500 Indian rupees)

(Reporting by CK Nayak and Tanvi Mehta; Editing by YP Rajesh)