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Vedanta plans to invest USD 20 bln in India in four years

Thursday, 02 May 2024
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The Vedanta Group aims to invest USD 20 billion across all its businesses in India over the next four years. The investment will be focused on technology, electronics, and glass sectors, apart from the other activities the Group is engaged in.

Semiconductors and glass, used in making smartphones and laptops screens, are crucial with a future perspective. It has land in Gujarat for a semiconductor plant and is scouting for a credible partner. On the glass front, it is already into manufacturing in other countries but not in India, though the plan would involve undertaking capacity building locally. 

The Group may also look at investing in the entertainment business going forward, but did not offer any timeline or investment details.

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