Sharp Corp. To Setup Display Fab Unit worth $3–6 Bn in India, Possibly Largest Outside Japan

Sharp Corporation, a Japanese multinational corporation that designs and manufactures consumer electronics and electronic components, is planning to establish a display fabrication unit in India, which could potentially be the largest outside Japan. The company is seeking partnerships and land for this venture. The expected investment is estimated to be between $3-6 billion, and the facility would require around 1,000 acres of land.

This move is significant as it aims to boost local manufacturing and reduce imports. The proposed Gen10+ facility would manufacture high-end screens for various devices, except mobile phones. With the growing demand for larger TV screens in India and globally, Sharp's investment could cater to this market while also considering export potential.

The plan is part of the India Semiconductor Mission to enhance the country's manufacturing capabilities in the semiconductor and display sectors. Sharp has approached the Ministry of Electronics and IT with the proposal, and discussions about potential locations and local partnerships are ongoing.

The establishment of a Gen 10 display fab for TVs will bring advanced technology to India, which can lead to skill development and innovation.

Currently, displays are imported into India. This facility will enable local manufacturing, reducing import dependency and potentially lowering costs. With the capability to produce cutting-edge displays, India could become an export hub for these technologies, further boosting the economy.

Overall, Sharp's investment is aligned with the India Semiconductor Mission scheme and is poised to enhance India's capabilities in the semiconductor and display sectors.

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