Proceeding with filing fresh application under modified display-scheme; semiconductor one under govt consideration: Vedanta

Vedanta on Monday said its semiconductor application under the modified scheme is under consideration by the government, while for display fabs it is now proceeding with filing a fresh application under the modified display scheme.

In a BSE filing, the Indian conglomerate expressed its resolve and commitment to produce critically important semiconductors and display glass/modules for the growing Indian market.

“Vedanta is committed to the vision of ‘Atmanirbhar Bharat’ to make India self-reliant in semiconductors and electronic displays and to proceed to set up semiconductor fabs and electronic display fabs in India,” it said.