We are targeting a first revenue wafer in 2027: Vedanta Foxconn CEO Reed

Vedanta Foxconn , a joint venture between Anil Agarwal’s Vedanta and Taiwan’s Foxconn, is currently waiting for approval from the government and expects to kickstart the sale of its semiconductor chips in late 2027, David Reed, chief executive officer of the JV, in a conversation with DH’s Lavpreet Kaur said. Reed talked at length about the progress so far in what is touted to be India’s first semiconductor manufacturing unit in Dholera, Gujrat and also touched upon the shortfalls in India’s chipmaking endeavours and the opportunities.