Vedanta signs semiconductor manufacturing agreements with 30 Japanese firms

14 Dec 2022 , 10:01 AM

Vedanta Group has entered into agreements with 30 Japanese technology firms to create an Indian semiconductor and glass display manufacturing ecosystem.

The agreements were put in place during the Vedanta-Avanstrate Business Partners Summit 2022, which took place in Tokyo, Japan, last week. More than 200 participants from more than 100 international companies attended the summit.

The firm is dedicated to turn India into a center for electronics production. Instead of only transferring technologies, it is concentrated on taking the initiative in building the ecosystem of the electronics sector.

At the summit, many businesses expressed interest in participating in the ecosystem for India’s semiconductor mission.

One of the top oil and gas businesses in the world, Vedanta Ltd., a division of Vedanta Resources Ltd., has activities in India, South Africa, and Namibia in the areas of oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminum, as well as power.