Vedanta to set up semiconductors and display fab units in Gujarat, India

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AHMEDABAD, India, Sept. 19, 2022 /PRNewswire/ -- In a move that aims to put India on the global silicon map and make the country self-sufficient in the critical area of semiconductors and displays, Vedanta, the world's sixth largest diversified natural resources group, signed two Memorandum of Understanding (MoUs) with the Government of Gujarat to set up a semiconductor fab unit, a display fab unit and a semiconductor assembling and testing unit in the key industrial state, in line with Prime Minister Narendra Modi's vision to make the country a hub of futuristic technologies.