lcd panel manufacturing in india factory

Searching for the best TFT LCD module manufacturers in India? Well, that is admittedly a daunting task. With the growing number of TFT LCD display suppliers and manufacturers, it’s truly hard to pick which ones are reputable and which ones are not.

STONE Technologies is a proud manufacturer of superior quality TFT LCD modules and LCD screens. The company also provides intelligent HMI solutions that perfectly fit in with its excellent hardware offerings.

There is also a downloadable design software called STONE Designer. This is a completely free GUI design software you can use to create responsive digital module-ready user interfaces.

STONE TFT LCD modules come with a microcontroller unit that has a 1GHz Cortex-A8 CPU. Such a module can easily be transformed into an HMI screen. Simple hexadecimal instructions can be used to control the module through the UART port. Furthermore, you can seamlessly develop STONE TFT LCD color user interface modules and add touch control, features to it.

You can also use a peripheral MCU to serially connect STONE’s HMI display via TTL. This way, your HMI display can supply event notifications and the peripheral MCU can then execute them. Moreover, this TTL-connected HMI display can further be linked to microcontrollers such as:

Becoming a reputable TFT LCD manufacturer is no piece of cake. It requires a company to pay attention to detail, have excellent manufacturing processes, the right TFT display technology, and a consumer’s mindset.

Hence, we’ve rounded up 7 famous and reputable Indian LCD module manufacturers. These companies all produce quality display and screen-related products such as:

Videocon Industries Ltd is a well-known Indian manufacturer of TFT display modules, color TVs, home appliances, and consumer electronics. Videocon is a large company based in Mumbai, India.

Videocon has several manufacturing plants across different countries. It also boasts of several brands under its name, including Videocon Telecom, DigiWorld, Next, and Planet M.

The company takes pride in being India’s pioneer in color TV production and retail. Before the advent of the TFT display module, Videocon has been the world’s third-largest picture tube (CRT) manufacturer.

Videocon is popular for its high-quality products. Videocon manufactures an LCD display screen for LCD TV sets. A lot of Indians trust Videocon’s television sets.

Videocon assembles and manufactures their TFT LCD module products in world-class factories. The company’s main factories are in India. However, they also have manufacturing plants in Mainland China, Mexico, Poland, and Italy.

All of Videocon’s TFT LCD display products passed strict quality control checks. Testing is done throughout the entire manufacturing and assembly process. Furthermore, quality checks are done from the raw materials phase until the products’ release.

Videocon’s TFT display screens and TVs are affordable of good quality. The company knows how to manufacture quality TV sets at pocket-friendly prices since it is a pioneer in the Indian color TV industry.

Videocon’s mobile phone range is equipped with the latest touch LCD display technology. Smartphones are assembled in the company’s TFT touch screen factory. Hence, customers are ensured of high-performance mobile phones with a crisp touch screen LCD display.

To sum it up, Videocon Industries Limited is a strong TFT LCD display manufacturer. The company’s quality manufacturing plants, good end-products, and affordable prices make it among the famous TF LCD manufacturers in India.

Teronix is an Indian electronics company based in New Delhi. It specializes in TV sets with LED and LCD screen module technology. The company also offers a range of smart mobiles and power banks.

Teronix has been in the electronics industry since 2017. But the company has proven that it has what it takes to be a reputable LCD manufacturer in India. Teronix has risen to popularity among Indian consumers because of the following qualities:

The company’s products are all high-quality and durable. Teronix sees to it that its range of smart LCD and LED TVs, along with their other products, reach their customers in good condition, and perform at their best all the time.

Teronix knows that good quality LCD module and other electronic parts are the cores of high-performance products. Hence, their assembly and product research units are stocked with the latest technology to produce the best possible products. Furthermore, Teronix’s research and assembly hubs are strategically located in Delhi.

Special teams are assigned to run quality control tests for all of Teronix’s products. Tests are done before and after launch to ensure that their LED TV range and power banks are all working well with no defects. Also, Teronix has a minimum quality test duration of 3 years.

BPL Limited is a recognized Indian leader in health care equipment and consumer electronics. The Bangalore-based company operates business groups which include:

The company started manufacturing televisions and telecom equipment in the 1980s. BPL joined forces with Japanese company Sanyo in 2006 to strengthen BPL’s consumer electronics brand, including TF-LCD display products and color televisions. The joint venture ended in 2007, leaving BPL to focus on its healthcare equipment sector.

1.  BPL takes pride in its superior-quality television sets. The TVs are made with combinations of TFT-LCD display and LED output. The products are manufactured by third-party TFT LCD suppliers. Then, the TV parts are assembled at a plant in Baddi, Himachal Pradesh.

2. BPL also takes the lead when it comes to medical display equipment. BPL uses different combinations of TFT display, VGA output, LED, and touch LCD display to manufacture the following devices:

3. The company upholds strict quality standards in all TFT LCD display products. This is achieved through quality tests at all stages of production and assembly. Even the third-party suppliers providing the raw materials for TFT-LCD modules are required to run through tests to ensure quality.

4. BPL is known to create innovative products ever since its heydays. This continues up to now, as BPL strives to improve market research to manufacture better televisions, consumer electronics, and healthcare equipment.

In a nutshell, BPL continues to be an industry leader in India’s consumer electronics and medical equipment industries. BPL provides households and health facilities with top-notch TFT-LCD display module sets used in televisions and health monitoring equipment. And in recent years, BPL has clearly shown no signs of slowing down.

Dixon Technologies Limited is a long-standing company providing consumer electronics, LED and LCD TVs, light fixtures, appliances, mobile phones, and CCTV systems. The company was founded in 1993 with its current headquarters in New Delhi and Uttar Pradesh.

Dixon’s creed is providing consumers with world-class products at affordable prices. Consequently, the company is among the top TFT LCD manufacturers in India because:

Dixon is proud to create its products in local factories. For instance, the company has an LCD display module factoryin Tirupati, Andhra Pradesh. Furthermore, the company also operates three facilities in Uttarakhand and three more in Noida, Uttar Pradesh.

Dixon is an Original Design Manufacturer (ODM) company. This means that the company takes its designs from its Research and Development Center. Eventually, Dixon turns them into original products that stand out on the market.

Reasonable prices also make Dixon’s LCD module products and TVs appealing to the public. Couple that with features that are on par with the world’s best TV sets. Dixon believes that quality shouldn’t be sacrificed at the expense of affordability.

In conclusion, Dixon Technologies (India) Limited is among India’s famous TFT LCD manufacturers simply because it provides original, feature-packed, high-quality, and pocket-friendly products to both tech companies and end-consumers.

Oriole Electronics is an electronics company based in Mumbai. It was established in 1972 and is among the famous long-standing TFT LCD manufacturers in India.

Oriole is an Original Equipment Manufacturer (OEM). Hence, the company produces high-quality products marketed under its name. However, product parts and components are sourced from reputable third-party suppliers.

Oriole’s strongest quality lies in its extensive experience in the TFT LCD and electronics industry. The company’s experience puts them at an edge against many younger industry competitors. All these thanks to several insights and expertise the company collected since 1972.

Furthermore, Oriole is dedicated to meeting its client’s needs as much as it can. The company partners with its customers throughout the product cycle, making sure that client inputs are incorporated into the products’ final design and functionality. This type of customer partnership uniquely reflects Oriole’s commitment to creating products that truly meet its customers’ various needs.

Another Oriole advantage is its in-house Research and Development team. Oriole’s R&D team conceptualizes products for its customers. They also formulate quality control guidelines that are strictly implemented during the production and testing phases. All these things are done to ensure the highest quality of Oriole’s TFT, LCD modules, and other product ranges.

Speaking of quality, Oriole is also ISO 9001:2008 certified. This credential ultimately proves the company’s utmost dedication to quality processes. Also, this ensures consistent operations of Oriole’s TFT LCD display factory network throughout India.

To wrap it all up, Oriole Electronics is indeed a quality display module manufacturer in India. Superior quality products, customized services, and affordable rates – all of these are testaments to Oriole’s good reputation.

RandServ proudly provides and even encourages custom manufacturing services. The company responds to unique client needs by creating LCD display modules and designs according to customer requirements. RandServ lets clients specify custom shapes, display sizes, and interactive touch support integration.

Another good point of RandServ is its superior-quality product range. The company may be new to the industry, but its products are made with world-class technology and attention to detail. RandServ’s electronic, TFT, LCD, and LED technologies make their end-products among the most long-lasting and robust electronic/digital products in the Indian market today.

Businesses across several industries tend to neglect ethical business practices. But not RandServ. The company takes pride in its clean business practices and integrity. Commitment to ethical standards enabled RandServ to steadily grow as a reputable LCD screen manufacturer.

In conclusion, RandServ Systems deserves a spot in our 7 famous TFT LCD manufacturers list mainly because of three things – cutting-edge LCD and digital products, customized client services, and high regard for ethical business practices.

Royal Display India is a reputable TFT display supplier and manufacturer based in Mumbai. Royal Display is relatively new, being in the business since 2003. But the company didn’t let their newness stop them from growing into a successful LCD display supplier and manufacturer.

A major factor that Royal Display holds in regard is value for money. The company keeps this in mind when creating and supplying display modules to their clients. Furthermore, Royal Display firmly believes that people need not shell out several bucks to get world-class quality products.

Another considerable advantage of Royal Display is its spacious manufacturing and warehousing units. Both are located in Maharashtra. The manufacturing unit boasts of specialized techniques used to produce modules for TFT, LCD, and OLED. Meanwhile, the warehouse unit is large enough to accommodate bulk orders from clients.

To wind this up, Royal Display is a young yet quality manufacturer for LCD modules and other related display screens in India. The company continues to grow with its plethora of quality display products coupled with many satisfied clients.

To conclude, Teronix is a young but reputable and promising LCD manufacturer in India. Lots of satisfied customers flock to them because of their dedication to high-quality products and top-notch manufacturing technologies.

To conclude this post, we’ve rounded up 7 Famous TFT LCD Manufacturers in India. Some of them are industry pioneers, while some are novices. However, we’re sure all these reputable companies will be a good source of products for all your display module needs.

STONE provides a full range of 3.5 inches to 15.1 inches of small and medium-size standard quasi TFT LCD module, LCD display, TFT display module, display industry, industrial LCD screen, under the sunlight visually highlight TFT LCD display, industrial custom TFT screen, TFT LCD screen-wide temperature, industrial TFT LCD screen, touch screen industry. The TFT LCD module is very suitable for industrial control equipment, medical instruments, POS system, electronic consumer products, vehicles, and other products.

Dabhel, Daman Plot No. 36, Daman Industrial Estate Somnath Road, Nani Daman, Dabhel, Daman - 396210, Dist. Daman, Dadra and Nagar Haveli and Daman and Diu

Tronica City Industrial Area, Ghaziabad Plot No. A-75, Sector A-4, Tronica City, Loni, Tronica City Industrial Area, Ghaziabad - 201102, Dist. Ghaziabad, Uttar Pradesh

Goregaon East, Mumbai 3rd Floor, Pravasi Industrial Estate, Co-op Society Limited, Gala No. C/51 Vishweshwar Nagar, Off Aarey Road, Goregaon East, Mumbai - 400097, Dist. Mumbai, Maharashtra

Chunam Lane, Mumbai Old Hanuman Building Dr D B Marg, Chuman Lane , Lamington Road.Grant Road (E), Chunam Lane, Mumbai - 400007, Dist. Mumbai, Maharashtra

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A few India-based enterprises have decided or plan to set up display panel plants in India, but this is unlikely to have substantially impact on the existing global display supply chain in the foreseeable future, as the total panel production capacity in India will be much smaller than that in China, South Korea, Taiwan and Japan.

Under the Indian government"s Production Linked Incentive (PLI) scheme, Elest, a subsidiary of India-based Rajesh Exports - which is among the globally top-500 enterprises - will invest INR240 billion (US$3.01 billion) to set up a 6G AMOLED plant in Telangana State, central India, to produce smartphone, tablet and notebook applications.

The plant will introduce AMOLED technology from advanced R&D centers around the world and create about 3,000 jobs, Rajesh said. But Rajesh did not disclose information on technological cooperation.

India-based oil, gas and metal producer Vedanta has acquired Japan-based LCD glass substrate maker AvanStrate and applied to the India government for setting up a 8.6G TFT-LCD plant in India. Vedanta in February 2022 signed an MoU with Taiwan-based Foxconn Electronics to establish a joint-venture maker of semiconductors. As Taiwan-based LCD panel maker Innolux is AvanStrate"s client and has a 8.6G LCD plant in southern Taiwan, Vedanta could cooperate with Innolux via AvanStrate.

With subsidies under India government"s PLI scheme and UP Electronics Manufacturing Policy 2017 set by the state government of Uttar Pradesh, northern India, Samsung Display (SDC) invested US$654 million to set up a panel module factory in the state and started production in April 2021.

Samsung Electronics, SDC"s parent company, has cumulatively invested over US$1.1 billion in India and has been shifting production lines from China and Vietnam to India. The company has set up two large production bases and five R&D bases in India.

According to DIGITIMES Research, Samsung Electronics" factories in India produced about 60 million smartphones in 2021 and are expected to produce 93 million in 2022 and 108 million in 2026, with the proportion of total smartphone output from India to rise from 20% in 2020 to 29% in 2026.

Although Samsung is expanding its production in India, clustering and production of its South Korea-based supply chain makers in India are currently much smaller than those in Vietnam.

China-based panel maker China Star Optoelectronics Technology (CSOT) has invested INR18.3 billion to set up a factory to produce 5- to 65-inch LCD modules in Andhra Pradseh, southeastern India. With annual production capacity of 8.0 million LCD modules, the factory is intended to mainly support TCL, CSOT"s parent company, to sell LCD TVs in the India market. TCL expects to sell 10 million LCD TVs for a market share of 7% in India in 2022. TCL currently ranks fourth in the India TV market and aims to surpass Sony, ranking third with a market share of 12% at present, by the end of 2022.

Taiwan-based LCD panel maker AU Optronics (AUO) has evaluated the feasibility of investing in India. There are problems concerning culture and government efficiency in India, AUO chairman Paul Peng has said.

Some cities in India are ambitious to create manufacturing hubs through developing industrial districts of which some have development potential and are likely to replace some locations in China, Peng noted. However, India is impossible to completely replace China in terms of investment in manufacturing, Peng indicated.

Besides, infrastructure in India and Vietnam is insufficient and, in the case of Vietnam, surging investment has sharply shored up factory land prices and this will affect foreign enterprises" willingness to invest, Peng said. In fact, it is very difficult for Thailand, Indonesia and even Taiwan to completely replace China in manufacturing, Peng noted.

Supply chains are indeed gradually shifting from concentrated production in a few places to distributed production in multiple locations, Peng indicated, adding that distributed production carries risks such as more complicated management for supply chains and increases in production cost.

There are many factors that need to be considered in setting up overseas factories, including ecosystem support, infrastructure and local talent, Peng said. India is not ideal in terms of these three factors, and exiting panel makers are quite unlikely to set up panel lines in India for the time being, Peng noted.

China-based panel makers had kept expanding production capacities for nearly 10 years and, as a result they together occupied over 60% of global production capacity for LCD panels as of 2021, followed by Taiwanese makers with 20%, South Korean ones with 10% and Japanese ones with 6%.

Since major Chinese makers are still expanding LCD panel production capacities, China"s combined share of global total will reach 70% in the mid- to long-term.

In view of diminishing competitiveness in LCD, SDC terminated LCD panel production in June 2022 and has shifted focus to AMOLED. Taiwanese LCD panel makers are expected to benefit from SDC"s exit but are still far less competitive against Chinese fellow makers in production capacity. Therefore, they have chosen not to expand production capacities and have focused on high value-added LCD panels.

MUMBAI: Vedanta Group"s owner Anil Agarwal is setting up the country’s first LCD panel manufacturing plant in Maharashtra with an investment of $10 billion ( Rs 68,000 crore).

The investment is through a new company called Twinstar Display Technologies, which is promoted by holding company Volcano Investments, chairman Agarwal said in an exclusive interview with ET. The metals tycoon is set to sign a memorandum of understanding with Maharashtra government on the first day of "Make in India" week.

"All over the world you see Made in China electronics, but India can also manufacture its own electronics," Agarwal said. "We worked with the government and agreed this project has to be aMade in India product." Agarwal said the company will endeavour to make India a significant export hub of display units with the setting up of the unit, known as Panel FAB. India’s LCD market is entirely import-dependent.

The plant will be set up in Pune or Nagpur. Although Twinstar Display is an independent company, it is being monitored by Vedanta"s technology arm, Sterlite Technologies, till the time a full-fledged team takes over in the new company. The final structure of the company will be decided at a later date.

Twinstar Display may look for an international strategic partner or collaborate on technology with companies abroad, Agarwal said. "This is the time to strike. This is the time to build your capacity because it will be cheaper.

This is the time when people and talent are available," he said. The project is being set up under Maharashtra’s new policy on fabrication units that aims to boost domestic manufacturing of electronics and reduce import bill.

The Central Bureau of Investigation cited two instances of "quid pro quo" while seeking the custody of former ICICI Bank chief Chanda Kochhar and her husband, who were arrested on Friday in a corruption case.

The Centre"s subsidy bill is expected to fall in the next fiscal year even after making foodgrain free for the poor as the additional allocation under the Covid-19 relief scheme will end in December this year.

The Department of Telecommunications (DoT) is not in favour of reserving spectrum in the mid-band for captive private networks as suggested by the Telecom Regulatory Authority of India (Trai), dealing a possible setback to firms such as Infosys, GMR and Tata Communications.

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Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.

Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:

Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:

MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:

Sony produces and sells commercial MicroLED displays called CLEDIS (Crystal-LED Integrated Displays, also called Canvas-LED) in small quantities.video walls.

LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.

2015, sold to giantplus and tce photomasks, gen 3 still operated by giantplus, gen 4 line sold to giantplus, equipment sold and line demolished, remainder operated by tce

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Hyderabad, Jun 12: Elest, a subsidiary of gold retailer Rajesh Exports, will be setting up the country"s first display fab facility in Telangana with investments worth Rs 24,000 crore. Telangana IT Minister K T Rama Rao along with Chairman of Rajesh Exports Rajesh Mehta announced setting up of Generation 6 AMOLED Display FAB, an official release said here on Sunday.

The Telangana government signed an MoU with Karnataka-based Elest for the proposed fabrication unit which will manufacture next generation displays for smartphones, tablet computers, and laptops. Rama Rao tweeted: "Historic day for Telangana. Rajesh Exports (Elest), a Fortune-500 company, to setup India"s first Display FAB to manufacture the most advanced AMOLED displays, with an investment of Rs 24,000 crore, making it one of the largest investments in high-tech manufacturing sector in India.

" Elest, incorporated by the promoters of Rajesh Exports, a global Fortune 500 company, would be setting up the Display FAB in technological association and with technology inputs from some of the most advanced and finest research centres across the world, the release said.

Rama Rao further said having a display fab in Telangana would put India on a global map at par with select few countries such as China, USA, and Japan. "Since the announcement of India Semiconductor Mission, the Telangana government has been working on a mission mode to have a Fab in the state and this investment will provide us further encouragement to continue our efforts," he said.

The government is confident that having a display fab in the state will be a major boost to the thriving electronics and IT ecosystem in the state and its ancillaries, he said. With the announcement of this investment, Telangana emerges as a front-runner in the semiconductor and display fab sector, the release said adding it is one of the largest investments in the country"s electronics sector and the largest ever investment by size in Telangana state.

The display fab would be set up under the India Semiconductor Mission programme of the Ministry of Electronics and Information Technology, Government of India. Chairman of Rajesh Exports Rajesh Mehta said the display fab in Telangana would attract some of the finest global talents in the next generation technology and would generate direct opportunity to more than 3,000 people, including scientists and advanced technology professionals.

"It would create a much larger ecosystem of partners, ancillaries, suppliers, generating thousands of jobs. Elest is confident that the setting up of the Gen6 AMOLED Display manufacturing facility will generate a global interest and would ensure future technology growth in our country, he said. Elest would also be setting up a research and development centre for research in the next generation areas of advanced display technology, the release added.

MUMBAI: Vedanta Group"s owner Anil Agarwal is setting up the country’s first LCD panel manufacturing plant in Maharashtra with an investment of $10 billion ( Rs 68,000 crore).

The investment is through a new company called Twinstar Display Technologies, which is promoted by holding company Volcano Investments, chairman Agarwal said in an exclusive interview with ET. The metals tycoon is set to sign a memorandum of understanding with Maharashtra government on the first day of "Make in India" week.

"All over the world you see Made in China electronics, but India can also manufacture its own electronics," Agarwal said. "We worked with the government and agreed this project has to be aMade in India product." Agarwal said the company will endeavour to make India a significant export hub of display units with the setting up of the unit, known as Panel FAB. India’s LCD market is entirely import-dependent.

The plant will be set up in Pune or Nagpur. Although Twinstar Display is an independent company, it is being monitored by Vedanta"s technology arm, Sterlite Technologies, till the time a full-fledged team takes over in the new company. The final structure of the company will be decided at a later date.

Twinstar Display may look for an international strategic partner or collaborate on technology with companies abroad, Agarwal said. "This is the time to strike. This is the time to build your capacity because it will be cheaper.

This is the time when people and talent are available," he said. The project is being set up under Maharashtra’s new policy on fabrication units that aims to boost domestic manufacturing of electronics and reduce import bill.

The Central Bureau of Investigation cited two instances of "quid pro quo" while seeking the custody of former ICICI Bank chief Chanda Kochhar and her husband, who were arrested on Friday in a corruption case.

The Centre"s subsidy bill is expected to fall in the next fiscal year even after making foodgrain free for the poor as the additional allocation under the Covid-19 relief scheme will end in December this year.

The Department of Telecommunications (DoT) is not in favour of reserving spectrum in the mid-band for captive private networks as suggested by the Telecom Regulatory Authority of India (Trai), dealing a possible setback to firms such as Infosys, GMR and Tata Communications.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox....moreless

MUMBAI: Vedanta Group"s owner Anil Agarwal is setting up the country’s first LCD panel manufacturing plant in Maharashtra with an investment of $10 billion ( Rs 68,000 crore).

The investment is through a new company called Twinstar Display Technologies, which is promoted by holding company Volcano Investments, chairman Agarwal said in an exclusive interview with ET. The metals tycoon is set to sign a memorandum of understanding with Maharashtra government on the first day of "Make in India" week.

"All over the world you see Made in China electronics, but India can also manufacture its own electronics," Agarwal said. "We worked with the government and agreed this project has to be aMade in India product." Agarwal said the company will endeavour to make India a significant export hub of display units with the setting up of the unit, known as Panel FAB. India’s LCD market is entirely import-dependent.

The plant will be set up in Pune or Nagpur. Although Twinstar Display is an independent company, it is being monitored by Vedanta"s technology arm, Sterlite Technologies, till the time a full-fledged team takes over in the new company. The final structure of the company will be decided at a later date.

Twinstar Display may look for an international strategic partner or collaborate on technology with companies abroad, Agarwal said. "This is the time to strike. This is the time to build your capacity because it will be cheaper.

This is the time when people and talent are available," he said. The project is being set up under Maharashtra’s new policy on fabrication units that aims to boost domestic manufacturing of electronics and reduce import bill.

The Central Bureau of Investigation cited two instances of "quid pro quo" while seeking the custody of former ICICI Bank chief Chanda Kochhar and her husband, who were arrested on Friday in a corruption case.

The Centre"s subsidy bill is expected to fall in the next fiscal year even after making foodgrain free for the poor as the additional allocation under the Covid-19 relief scheme will end in December this year.

The Department of Telecommunications (DoT) is not in favour of reserving spectrum in the mid-band for captive private networks as suggested by the Telecom Regulatory Authority of India (Trai), dealing a possible setback to firms such as Infosys, GMR and Tata Communications.

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The government on Saturday revealed that it has received proposals from five companies to set up semiconductor and display manufacturing facilities in India with an investment of $20.5 billion -- around 1.53 lakh crores (

The recently announced Vedanta-Foxconn joint venture, IGSS Ventures and ISMC have proposed to set up semiconductor manufacturing facilities with an investment of $13.6 billion, while also seeking the support of $5.6 billion from the government under the Rs 76,000 crore Semicon India Programme.

Moreover, Vedanta has teamed up with another company dubbed Elest for setting up display manufacturing facilities. They"ve submitted applications for setting up display fab projects with an investment of $6.7 billion while seeking financial support of around $2.7 billion from the government.

Spel Semiconductor, HCL, Syrma Technology and Velankani Electronics have registered for semiconductor packaging whereas Ruttonsha International Rectifier has registered for compound semiconductors.

All the aforementioned applications have been acknowledged by India Semiconductor Mission which was set up as an independent institution to take the Semicon India program further.  ISM will also be responsible to coordinate with companies while also reaching out to state governments to offer access to infrastructure.

Hyderabad, Jun 12: Elest, a subsidiary of gold retailer Rajesh Exports, will be setting up the country"s first display fab facility in Telangana with investments worth Rs 24,000 crore. Telangana IT Minister K T Rama Rao along with Chairman of Rajesh Exports Rajesh Mehta announced setting up of Generation 6 AMOLED Display FAB, an official release said here on Sunday.

The Telangana government signed an MoU with Karnataka-based Elest for the proposed fabrication unit which will manufacture next generation displays for smartphones, tablet computers, and laptops. Rama Rao tweeted: "Historic day for Telangana. Rajesh Exports (Elest), a Fortune-500 company, to setup India"s first Display FAB to manufacture the most advanced AMOLED displays, with an investment of Rs 24,000 crore, making it one of the largest investments in high-tech manufacturing sector in India.

" Elest, incorporated by the promoters of Rajesh Exports, a global Fortune 500 company, would be setting up the Display FAB in technological association and with technology inputs from some of the most advanced and finest research centres across the world, the release said.

Rama Rao further said having a display fab in Telangana would put India on a global map at par with select few countries such as China, USA, and Japan. "Since the announcement of India Semiconductor Mission, the Telangana government has been working on a mission mode to have a Fab in the state and this investment will provide us further encouragement to continue our efforts," he said.

The government is confident that having a display fab in the state will be a major boost to the thriving electronics and IT ecosystem in the state and its ancillaries, he said. With the announcement of this investment, Telangana emerges as a front-runner in the semiconductor and display fab sector, the release said adding it is one of the largest investments in the country"s electronics sector and the largest ever investment by size in Telangana state.

The display fab would be set up under the India Semiconductor Mission programme of the Ministry of Electronics and Information Technology, Government of India. Chairman of Rajesh Exports Rajesh Mehta said the display fab in Telangana would attract some of the finest global talents in the next generation technology and would generate direct opportunity to more than 3,000 people, including scientists and advanced technology professionals.

"It would create a much larger ecosystem of partners, ancillaries, suppliers, generating thousands of jobs. Elest is confident that the setting up of the Gen6 AMOLED Display manufacturing facility will generate a global interest and would ensure future technology growth in our country, he said. Elest would also be setting up a research and development centre for research in the next generation areas of advanced display technology, the release added.

Among the many electronics manufacturing industries in India, display manufacturing has always been missing. That is about to change as Rajesh Exports, a gold retailer based out of Bangalore, has announced their plans to set up India’s first display manufacturing plant with an investment of $3 billion.

With the world slowly recovering from the chip shortage, countries around the world are introducing policies to encourage local investments in semiconductor manufacturing. The Government of India in particular has introduced many schemes such as the PLI scheme to incentivize companies to manufacture locally in India.

The Government of Telangana has now announced that India’s first display manufacturing plant will be built in the state by a company called Rajesh Exports. For this, they have invested about $3 billion. The plant will be set up through “Elest”, which is a company that manufactures displays for smartphones and electric vehicles.

Telangana puts India on the world map of advanced high-tech manufacturing. What was hitherto possible only in Japan, Korea & Taiwan, will now happen in Telangana. To create large scale ecosystem of partners & ancillaries, supplying to world class TV, smartphone & tablet makers

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LCD display panel is major component in Television/monitors, notebooks and a small screen size tablets and smart phones. The Indian total market opportunity for Flat/LCD display panels can be estimated in the range of 20-30 billion US$ (including LCD panel value inside all the imported electronics devices). Despite the big market opportunity, there is no LCD panel manufacturer in India who can supply LCD panels to TVs and smart phones. The reason is not only investment but the complex manufacturing technology, where the precision of manufacturing is equivalent to semiconductor IC manufacturing.

Government of India is pushing hard to attract investment in this area with most of the sops offered to semiconductor manufacturing extended to LCD panels too. As part of Digital India movement, a leading fiber-optic manufacturer Sterlite announces investment of 40,000 crore Rupees (close to 6.3 Billion US$) in establishing a LCD display panel manufacturing plant in India. It�s a laudable daring decision.

To get an idea on how big is Indian LCD display panel market, lets look at some of the latest market figures on the Indian TV, computers and mobile devices market, which consumes maximum number of display panels. India buys approx 40-50 million TVs a year. India"s PC market is 10 million units a year. And finally the most important smart-mobile device market can be estimated around 250 to 300 million device sales now in 2015. Digital India movement can bring easily double digit growth if the rural India start embracing IT. Here "Make in India" is essential, if not for every product but for component such as LCD panels.

In Indian TV, and smart phone market, South Korean companies Samsung and LG have a leading share. There"s no any official announcement by these two companies of any plans to manufacture LCD panels or such key components in India. If these multinational companies are only interested to tap the Indian market but least interested in building mega factories of electronic components manufacturing locally. This clearly calls for the full support to India based company such as Sterlite in setting up precision electronic component manufacturing units in India. That"s already happening.

Optical fiber, power conductors and cables manufacturer Sterlite is a large-scale Indian company and has significant share in the fibre-optic market. When India is getting connected with high-speed network using fiber-optic cable, Sterlite has a huge opportunity to grow further in this market. And its investment in the LCD panel manufacturing can take the growth of Sterlite further due to the huge demand coming up for LCD display panels in India, if Digital India takes off in a big way.

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