News > India-made semiconductors will reduce laptop price to Rs 40,000
India-made semiconductors will reduce laptop price to Rs 40,000
Bpnews | 14/09/2022 08:49 PM | Click to read full article
Vedanta Chairman Anil Agarwal on September 13 confirmed the company’s new semiconductor plant with Foxconn will be set up in Gujarat, for Rs 1.54 lakh crore. Speaking to CNBC-TV18 about the development, Agarwal noted that ‘Made in India’ semiconductors could have big impact on the prices of finished products.
“Today, a laptop costs Rs 1 lakh, and once the glass, as well as the semiconductor chip, is available (in India), the same can be priced at Rs 40,000 or less,” he told the channel on September 14.