Indian metals conglomerate Vedanta is set to build a $4 billion display factory in India, as the company seeks to deepen its tech push. The factory will be located in the western state of Maharashtra and will produce liquid crystal display (LCD) panels.

Vedanta is a major producer of copper, zinc, and other metals, but it has been diversifying into other areas in recent years. The company has already invested in solar power and data centers, and it sees the display market as a new growth opportunity.

The Indian display market is expected to grow to $30 billion by 2027, and Vedanta is hoping to grab a slice of that pie. The company will face competition from Chinese manufacturers, but it believes that its factory in India will be well-positioned to succeed.

The factory will create as many as 3,500 direct jobs, and it is expected to be operational by 2025. Vedanta is also planning to invest in other tech-related businesses in India, such as semiconductors and batteries.

The company's CEO, Anil Agarwal, said that Vedanta is "committed to building a strong tech ecosystem in India." He added that the display factory is "just the beginning of our tech journey."

The announcement of Vedanta's display factory is a sign of India's growing ambition in the tech sector. The government has been investing heavily in the sector in recent years, and it is hoping to become a global hub for tech innovation.

Vedanta's factory is a major boost for India's tech ambitions. It will create jobs, boost the economy, and help to position India as a global player in the display market.

Here are some additional details about the factory:

• The factory will be located in the Dholera Special Investment Region (DSIR) in Gujarat.
• The factory will produce LCD panels for use in TVs, smartphones, and other devices.
• The factory is expected to create as many as 3,500 direct jobs.
• The factory is expected to be operational by 2025.
• Vedanta is also planning to invest in other tech-related businesses in India, such as semiconductors and batteries.

The factory is a major boost for India's tech ambitions. It will create jobs, boost the economy, and help to position India as a global player in the display market.