Vedanta's Semiconductor Unit in Gujarat to Be Headed by David Reed; to Manufacture Chips for Phones, Laptops

Anil Agarwal-led Vedanta on Monday named industry veteran David Reed to head its semiconductor unit where it is looking to invest $20 billion (nearly Rs. 1,65,600 crore) to manufacture chips essential for mobile phones to laptops and TV sets. In an interview with PTI, Agarwal said the group is looking to start manufacturing semiconductors at Dholera in Gujarat in 2-...