Vedanta to create hub to manufacture iPhones, TV equipment in India -CNBC TV18


FILE PHOTO: FILE PHOTO: A man walks past the logo of Vedanta outside its headquarters in Mumbai, India January 31, 2018. REUTERS/Danish Siddiqui/File Photo

NEW DELHI (Reuters) - Vedanta Ltd will look at creating a hub to manufacture Apple's iPhones and TV equipment, along with possibly diving into the electric vehicle sector, Chairman Anil Agarwal said in an interview with CNBC TV18 on Wednesday.

Vedanta on Tuesday announced a $19.5 billion investment with Taiwan's Foxconn to set up semiconductor and display production plants in Gujarat.

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