Vedanta Group Rejigs Semiconductor Business, Brings it Under Twin Star
Under the new structure, Twin Star Technologies Ltd will become its subsidiary and Vedanta's semiconductor and display business will be brought under TSTL
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Under the new structure, Twin Star Technologies Ltd will become its subsidiary and Vedanta's semiconductor and display business will be brought under TSTL
"Vedanta is committed to making India self-reliant in electronics. This is the beginning of the creation of a Silicon Valley in India, a cutting edge and world class electronics ecosystem. My dream is for every Indian youth to have an affordable smartphone, laptop and an electric vehicle," Vedanta Chairman Anil Agarwal said in a statement.
Vedanta Limited adds Semiconductors and Display Glass ventures to its portfolio The natural resources conglomerate foresees major growth by twin...
This represents a large growth opportunity for India where the semiconductor market stood at $ 24 bn in 2022 and is estimated to reach $ 80 bn by 2026.
Vedanta Limited, an Indian conglomerate, has announced the addition of Semiconductor and Display Glass ventures to its portfolio, aiming to boost the country's electronics ecosystem and reduce imports