What foxconn-vedanta would be making is the semiconductor chips(Those flat black squares on a circuit board usually biggish) .These are made out of silicon wafer and are products of extreme miniaturization . Smaller and complex chips are harder to make and need massive initial outlay to procure the fabricating machines and expertise.Thats why Vedanta is providing the cash and Foxconn,the tech.
Shunt resistors are basically metal components and is entirely different . Those are also seen on the PCB but do not go inside the chips .Those who can make semicnductor chips won’t stoop to make these .
Check the image in this link…
But if indeed local Chip production results in cheaper chips,then I assume lots of other electronics companies will start making stuff in India. That will only expand Shibaliks domestic market size .
Disc: Have a degree in Electronics but no hands on experience except in labs 17 years ago .
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