--- title: "Vedanta looks to deepen tech push with $4 billion display factory in India" description: "Vedanta, an Indian metals conglomerate, is set to build a $4 billion display factory in India. The factory will produce liquid crystal display (LCD) p" author: "Yashna Bawa" published: 2023-06-28 updated: 2023-06-28 canonical: https://www.mindstick.com/news/3099/vedanta-looks-to-deepen-tech-push-with-4-billion-display-factory-in-india category: "web services" tags: ["technology", "india"] reading_time: 2 minutes --- # Vedanta looks to deepen tech push with $4 billion display factory in India Indian metals conglomerate Vedanta is set to build a $4 billion display factory in India, as the company seeks to deepen its [tech](https://www.mindstick.com/services/technologies) push. The factory will be located in the western [state of Maharashtra](https://answers.mindstick.com/qa/32925/why-was-the-jury-system-abolished-in-india-specifically-making-reference-to-the-k-m-nanavati-vs-state-of-maharashtra) and will produce liquid crystal display (LCD) panels. Vedanta is a major producer of copper, zinc, and other metals, but it has been diversifying into other areas in [recent years](https://answers.mindstick.com/qa/113716/how-are-sustainability-trends-influencing-the-fashion-industry-in-recent-years). The company has already [invested in solar power](https://www.mindstick.com/articles/332263/how-much-energy-can-i-expect-my-solar-panels-to-produce) and [data centers](https://www.mindstick.com/news/4042/alphabet-invests-3-3b-in-two-south-carolina-data-centers), and it sees the display market as a new growth opportunity. The Indian display market is expected to grow to $30 billion by 2027, and Vedanta is hoping to grab a slice of that pie. The company will face competition from Chinese manufacturers, but it believes that its factory in India will be well-positioned to succeed. The factory will create as many as 3,500 direct jobs, and it is expected to be operational by 2025. Vedanta is also [planning to invest](https://yourviews.mindstick.com/story/2292/planning-to-invest-check-these-options) in other tech-related businesses in India, such as semiconductors and batteries. The company's CEO, [Anil Agarwal](https://answers.mindstick.com/qa/49279/what-is-anil-agarwal-net-worth), said that Vedanta is "committed to building a strong tech ecosystem in India." He added that the display factory is "just the beginning of our tech journey." The announcement of Vedanta's display factory is a sign of India's growing ambition in the tech sector. The government has been investing heavily in the sector in recent years, and it is hoping to become a global hub for [tech innovation](https://answers.mindstick.com/qa/114026/what-impact-has-the-latest-tech-innovation-had-on-the-global-job-market-and-workforce-trends). [Vedanta's factory is a major boost for India's tech ambitions. It will create jobs, boost the economy, and help to position India as a global player in the display market.](https://yourviews.mindstick.com/view/85332/how-renewable-energy-and-clean-technology-can-change-india-s-economy) ## Here are some additional details about the factory: - The factory will be located in the Dholera [Special Investment](https://www.mindstick.com/forum/158172/what-is-the-dholera-special-investment-region-in-gujarat) Region (DSIR) in Gujarat. - The factory will produce LCD panels for use in TVs, smartphones, and other devices. - The factory is expected to create as many as 3,500 direct jobs. - The factory is expected to be operational by 2025. - Vedanta is also planning to invest in other tech-related businesses in India, such as semiconductors and batteries. **The factory is a major boost for India's tech ambitions. It will create jobs, boost the economy, and help to position India as a global player in the display market.** --- Original Source: https://www.mindstick.com/news/3099/vedanta-looks-to-deepen-tech-push-with-4-billion-display-factory-in-india Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.