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Boost on the cards for auto components?

The Indian automotive industry sector has a positive outlook for the upcoming Budget, with expectations for updates on the FAME 3 scheme, PLI sops, and GST revision.

Foxconn in talks for JV with TSMC and TMH Group

According to a report, Foxconn is currently in discussions with Taiwan Semiconductor Manufacturing Co (TSMC) and Japan’s TMH Group to form a joint venture and technology partnership in India with the aim of establishing semiconductor fabrication units.

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