Vedanta to create hub to manufacture iPhones, TV equipment in India: Report

Vedanta to create hub to manufacture iPhones, TV equipment in India: Report

Vedanta Ltd. will see creating a hub to produce Apple iPhone and TV equipment, along with the possibility of diving to the electric vehicle sector, Chairman Anil Suppose said in an interview with CNBC TV18 on Wednesday.

Vedanta on Tuesday announced an investment of $ 19.5 billion with Taiwan’s Foxconn to establish a semiconductor and featured a production factory in Gujarat.

The company will make a hub in the state of West India Maharashtra to produce iPhones and other television equipment, said that in the interview, added that this would be “a kind of integration going forward for the JV Gujarat factory”.Oil-to-log’s conglomerates can also see the electric vehicle (EV) sector, which is added by Stirawwal.

Rolling EVS is the center of the Agenda of the Reduction of Prime Minister Narendra Modi. In 2030, India wanted an electric model to contribute 30% of the total car sales.Apple and Vedanta did not immediately respond to Reuters’ comments requests.

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