Vedanta plans to invest $500 million in group firm AvanStrate Inc.
Vedanta Limited has announced plans to invest close to $500 million in its group company, AvanStrate Inc. (ASI), which is a display glass manufacturer. Earlier this year, Vedanta acquired 98% stake in ASI. “This investment is aimed at driving innovation and expansion within ASI, strengthening its focus on R&D, as well as manufacturing capabilities and…
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