Indian company Vedanta plans $500M investment in AvanStrate to boost advanced glass product development.

Vedanta Ltd., an Indian metals and mining company, plans to invest $500 million in its subsidiary, AvanStrate Inc., a leading display glass manufacturer. The investment aims to enhance research and development, manufacturing, and product offerings for advanced glass products used in semiconductors, biotechnology, and automotive displays. AvanStrate operates in Taiwan, South Korea, and Japan, targeting a global specialty glass market projected to grow to $60 billion by 2030.

November 11, 2024
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