BENGALURU (Reuters) -India's Vedanta is awaiting government approval for incentives under a modified semiconductor production plan to begin construction of a plant in the country's western state of Gujarat, for which its has tapped technology and equity partners, a top executive said on Tuesday. The metals-to-oil conglomerate has engaged with more than 100 global suppliers and ancillary industries which will form a key part of the semiconductor and display ecosystem, Akarsh Hebbar, global managing director at Vedanta Semiconductors and Display, said in a statement. Vedanta group Chairman Anil Agarwal had said last week that the company will enter the market for the manufacturing of chips and displays this year, days after its joint-venture partner, Taiwan's Foxconn , pulled out of a $19.5 billion chipmaking project.
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