Vedanta to invest $500 million in display glass subsidiary
Vedanta Ltd. has announced plans to invest approximately $500 million in AvanStrate Inc., its display glass subsidiary.
The metals and mining giant is also exploring the possibility of establishing a display semiconductor manufacturing facility in India.
“Vedanta Limited is planning to invest close to USD 500 million (about ?4,300 crore) in its group company, AvanStrate Inc. (ASI), a leading global display glass manufacturer that is now fully managed by Vedanta Limited