Nearly half a dozen South Korean firms visited the Dholera Special Investment Region (SIR) to explore possibilities for setting up a display fabrication unit in Gujarat, official sources said Tuesday. “A delegation comprising certain companies spent an entire day at Dholera SIR. The delegation included senior representatives from the Korea Display Industry Association and the Director General of Korea Trade Investment Promotion Agency (KOTRA),” said Vijay Nehra, secretary, of the Department of Science and Technology, Government of Gujarat.

Setting up a display fabrication unit is extremely capital intensive and requires an estimated investment of Rs 70,000-75,000 crore over a period of 2-3 years, as per officials. Such a unit will pave the way for manufacturing indigenous displays for devices like smartphones, tablets, televisions, laptops, and others. Currently, China, South Korea, and Japan control the bulk of production in the global display market, accounting for 65 percent of the total production.

“This is very encouraging as Gujarat is also hosting Micron Technologies which is setting up an Assembly, Test, Marking, and Packaging (ATMP) facility for memory chips,” the official added. Nehra is also the Dholera SIR MD.