Vedanta Ltd. on Wednesday said its display glass business is expected to grow 10-fold, following the consolidation of its holding in AvanStrate Inc.
Vedanta Ltd, in May this year, announced the acquisition of an additional 46.57% stake in AvanStrate Inc, taking its total holding in the Japanese display glass manufacturer to about 98%.
ASI is now fully managed and controlled by Vedanta Ltd. and free from any external debt, according to a release.