The setback comes at a time when Agarwal's metals and mining conglomerate is already grappling with reducing its significant debt load.
Last year in September, Vedanta and Foxconn formally called Hon Hai Precision Industry Co Ltd announced they would invest
$19.5 billion to set up semiconductor and display production plants in the state of Gujarat, creating more than
100,000 jobs.
"India's own Silicon Valley is a step closer now," Agarwal had said last year after the announcement.
(This Article published from top news agency feed - Reuters)