Lokesh seeks EV, semiconductor investment from Korean giants for Andhra Pradesh
On his South Korea visit, the Minister invited Hyundai Mobis, LG Electronics and APACT to set up EV, semiconductor and electronics units; LG confirmed a ₹5,000-crore plant at Sri City
Read source at The Hindu — National →Mains Practice Question
Discuss the potential economic and environmental impacts of foreign direct investment in semiconductor manufacturing plants, particularly in regions like Andhra Pradesh where such investments are being sought by a government minister.
250 words
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Which Korean company confirmed setting up an ₹5,000-crore plant at Sri City?
- A.Hyundai Mobis
- B.LG Electronics
- C.APACT
- D.Samsung Electronics
The text states LG confirmed a ₹5,000-crore plant at Sri City.
Which Andhra Pradesh city is home to the planned semiconductor manufacturing facility?
- A.Hyderabad
- B.Sri City
- C.Visakhapatnam
- D.Vijayawada
The text states LG confirmed a ₹5,000-crore plant at Sri City.
How many crore is the investment amount mentioned in the news for semiconductor manufacturing?
- A.100 crore
- B.500 crore
- C.2000 crore
- D.5000 crore
The text states LG confirmed a ₹5,000-crore plant at Sri City.