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Five firms to set up semiconductor, display plants

The Central government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 trillion.

Vedanta Foxconn JV, IGSS Ventures, ISMC propose to set-up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 billion from the Centre under the Rs 76,000 crore Semicon India Programme.


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