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Vedanta Group to invest $500 million in AvanStrate Inc
The Machinist
|November 2024
VEDANTA LIMITED is planning to invest nearly $500 million in its group company, AvanStrate Inc. (ASI), a leading global display glass manufacturer now fully managed by Vedanta Limited.
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This strategic investment aims to drive innovation and expansion within ASI, strengthening its focus on R&D, manufacturing capabilities, and product offerings to meet the growing global demand for advanced display glass solutions.
With extensive operations and R&D centres across Taiwan, South Korea, and Japan, ASI aims to accelerate the development of next-generation glass products for advanced packaging and applications in high-growth sectors such as semiconductors, biotechnology, and automotive displays. Additionally, ASI is exploring collaborative partnerships to further its mission of advancing technology and enhancing market offerings.
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