Under MakeInIndia‘s ambitious plan to make India the most attractive investment and manufacturing hub, Volcan Investment has announced that they will be coming up with LCD Panel Plant in Maharashtra, and Nagpur is one of the two cities that can be home to this plant.
Twinstar Display Technologies, promoted by Volcan (Vedanta) is taking up this project, and if at all this plant comes up then it would provide big boost to electronics sector and may lay foundation in setting up a FAB unit.
“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.