Vedanta signs deal with 30 Japanese firms for semiconductor manufacturing
By MYBRANDBOOK
Vedanta Group has signed agreements with 30 Japanese technology companies to develop an Indian semiconductor and glass display manufacturing ecosystem. The company is committed to make India a hub for electronics manufacturing.
It is focused on taking the lead in creating the electronics industry ecosystem rather than just technology transfers. The pacts were signed at the Vedanta-Avanstrate Business Partners Summit 2022 held last week at Tokyo, Japan.
Akarsh K Hebbar, Vedanta Global MD, Display and Semiconductor Business, said, “We are committed to making India a hub for electronics manufacturing. Vedanta is focussed on taking the lead in creating the electronics industry ecosystem. This comprehensive plan has potential to generate business opportunities of over $40 Bn for our partners in the coming years.”
Vedanta Ltd, an arm of Vedanta Resources Ltd, is one of the world’s leading oil and gas and metals companies with operations in oil and gas, zinc, lead, silver, copper, iron ore, steel and aluminium, and power across India, South Africa and Namibia.
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