Mumbai: Vedanta Wednesday announced the appointment of Terry Daly as Advisor for its semiconductor business. He will be responsible for providing strategic counsel and inputs as the conglomerate looks at setting up a state-of-the-art semiconductor fab unit and semiconductor assembling and testing unit in India.

“We are pleased to welcome Terry Daly to our team,” said David Reed, CEO, Vedanta-Foxconn Semiconductors Limited (VFSL). “As an industry veteran, Terry brings a vast wealth of knowledge and experience in managing several workstreams that are critical for establishing a world-class semiconductor fab.”

“India has a generational opportunity to become part of the global semiconductor supply chain and provide geographic diversification to its customers, supply chain resiliency to its partners, and job creation opportunities to its extremely talented population,” said Terry Daly. “I am very impressed by the unique, complementary partnership that Vedanta and Foxconn bring to the opportunity to establish India’s first commercial semiconductor fab.”