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Vedanta deepens tech push with $4 bn India display factory
Mint Mumbai
|June 29, 2023
The newly appointed chief executive officer of Vedanta Resources Ltd.'s untried display business is seeking to hire global talent to build and run a $4 billion factory in western India.
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Y.J. Chen, who previously worked at Chinese display maker HKC Corp., said the display venture will soon begin recruiting from South Korea, Taiwan, Japan and other regions to set up a liquid crystal display panel fabrication unit in India. The factory will create as many as 3,500 direct jobs, he said. "We need a lot of technicians, very talented people," Chen, who has 23 years of experience in the display industry, said in an interview in Mumbai. "That's the biggest challenge-people." Even as it's suffering from a heavy debt load, billionaire Anil Agarwal's metals and mining conglomerate is
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