Sterlite Technologies to set up LCD manufacturing plant; invest Rs 40,000 croreVia The Economic Times | Jul 02, 2015Billionaire Anil Agarwal-led Sterlite Technologies today announced an investment of Rs 40,000 crore to set up a LCD panel manufacturing plant in the country, generating about 50,000 jobs. The company, which makes optical fibres used in high speed internet services, is also working on a project to connect defence establishments through optical fibres in Jammu & Kashmir (J&K). "Sterlite Technologies under the Digital India theme will also set up a LCD manufacturing plant in the country with an investment of Rs 40,000 crore and which will generate about 50,000 jobs," Agarwal, the head of mining giant Vedanta Resources Plc, said at the inauguration of the Digital India week here. Industry would actively participate in the drive as it has the potential to drive India ahead as a knowledge and economic power, he added. "Sterlite Technologies will play a responsible role in being a part of Digital India. We are already working on a project in J&K to connect the Defence establishment through optical fibres," Agarwal said.