If semiconductor chips are made in India, a laptop worth 1 lakh rupees will be available for only 40 thousand rupees.
This time the work will be easier. Expensive laptop will be available at low cost. Vedanta Chairman Anil Agarwal (Anil Agarwal) has indicated this. Recently, he said that if semiconductor chips are made in India, the cost of various things will come down a lot.
If semiconductor chips are made in India, a laptop worth 1 lakh rupees will be available for only 40 thousand rupees. Vedanta is going to open a new semiconductor chip manufacturing plant in Gujarat in collaboration with the popular Taiwanese electronics company ‘Foxconn’. It is reported that Rs 1.54 lakh crore has been invested in this plant in Gujarat. Semiconductors are widely used in the auto, smartphone industry. Apart from this, it is required for making electronic products. Most countries in the world are now dependent on other countries, including Taiwan, for these types of semiconductor chips.
Anil Agarwal told the media that the glass needed to make the laptop is manufactured in Taiwan and South Korea. But very soon that production will start in India. He also said that if such glass and semiconductor chips start manufacturing in India, the price of various types of electronic products will come down a lot.
Manufacturing hub to be in Maharashtra –
Vedanta to start chip manufacturing plant – Vedanta is going to jointly build a semiconductor chip manufacturing plant in Ahmedabad, Gujarat with popular Taiwanese company ‘Foxcon’. It is reported that Vedanta and Foxconn will invest around Rs 1.54 lakh crore to build this plant. The plant will primarily focus on manufacturing semiconductor chips and displays.
When asked about Vedanta and Foxconn’s joint venture funding, Anil Agarwal said, ‘There is no company that does not want to invest in our project. Foxconn will hold 38 percent equity. Money will never be a barrier for this project.’ According to Anil, the semiconductor market in India is moving at a very fast pace. In the coming days i.e. by 2026 it will reach 63 billion dollars. In 2020, its amount was 15 billion dollars.