There is growing buzz about chip making in India. Vedanta group on Tuesday said it is set to set up India’s first semiconductor and display fabs in Gujarat and has already tied up with over 100 international suppliers and ancillary industries. Let us tell you, recently Foxconn ended the agreement with Vedanta Group for making chip (chip manufacturing in India). Vedanta has announced this only after that.
The chip plant will be set up here
Akarsh K., MD of Vedanta Semiconductor and Display Global. Hebbar K says that Vedanta Group is preparing to build India’s first semiconductor and display fab in Dholera Special Investment Zone of Ahmedabad district. Hebbar said that good progress has been made towards adding technology and equity partners in semiconductors and we will make an announcement soon. As per reports, the state government has allotted land at Dholera and the work to prepare it for FAB construction is already underway.
Awaiting government approval
At DisplayFab, we have a partnership with Innolux and we are all set to grow exponentially with the full support of our partner,” said Hebbar. The company is currently awaiting government approval on its application under the revised scheme for semiconductor and display fabs. As soon as the approval is received, we will start the construction immediately. The company says that the Prime Minister will set out on the path of making India self-sufficient in electronics. India) and is 100% committed to the production of display glasses and has partnered up.
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