Tower Seeks Govt Inputs for Fab Foray by FY24-end – The Economic Times – Mumbai

A joint venture between Vedanta and Taiwan’s Foxconn, as well as Singapore-based IGSS Ventures were among the initial applicants for Indi a’s ambitious incentive-backed programme. While the Foxconn-Vedanta JV failed after the Taiwanese major walked away from the partnership, the IGSS Ventures proposal was “never up to the requirements”, said one of the people cited above.