Our made-in-India chip will be ready in 2.5 years: Vedanta chairman on semiconductor plan
1 year, 4 months ago

Our made-in-India chip will be ready in 2.5 years: Vedanta chairman on semiconductor plan

The Hindu  

Vedanta group chairman Anil Agarwal on July 28 said that first phase of its semiconductor project will involve $5 billion investment of the overall $20-billion outlay, and the venture will be ready with made-in-India chip in two and a half years. "In 2.5 years, we will give you Vedanta made-in-India chips," Mr. Agarwal told reporters on the sidelines of SemiconIndia 2023 event. After parting ways with Foxconn on their semiconductor joint venture, Vedanta group has made it clear that it remains committed to building India's first semiconductor and display fabs in Dholera Special Investment Region in Gujarat, and substantial progress has happened to tie up with technology and equity partners in semiconductors. India is wooing semiconductor and display manufacturers with a $10-billion incentive scheme, making a determined push to position itself as a global powerhouse for chip making.

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