India's First Display Fab to be Established in Telangana worth Rs 24,000 cr

Published on June 12, 2022
Current Context: Elest, the company will be setting up the country's first display fab facility in Telangana with investments worth Rs 24,000 crore.
India's First Display Fab to be Established in Telangana worth Rs 24,000 cr
  • The Telangana government signed an MoU with Karnataka-based Elect for the proposed fabrication unit which will manufacture next-generation displays for smartphones, tablet computers, and laptops.
  • It is considered to be the largest investment in the high-tech manufacturing sector in India.
  • Apart from that, it will also give will major boost to the thriving electronics and IT ecosystem in the state and its ancillaries.
  • It will also attract some of the finest global talents and would generate direct opportunities for more than 3,000 people.
  • Elest would also be setting up a research and development center for research in the next-generation areas of advanced display technology.

Question:

Q.1 Elest a fortune company has signed an agreement with which of the following state government to set up a country's first display fab facility?
a. Jharkhand
b. Uttar Pradesh
c. Maharastra
d. Telangana

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