SoftBank, Bharti & Foxconn form JV


Japanese telecom and internet giant SoftBank Corp. along with Sunil Mittal’s Bharti Enterprise and Taiwan-based manufacturing major Foxconn Technology, have announced a joint venture, SBG Cleantech, to promote adoption of clean and safe energy in India, which will be investing $20 billion to generate 20 GW of solar power, billed as one of the biggest foreign direct investment (FDI) projects in the sector.

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