Elest, a subsidiary of gold retailer Rajesh Exports, will be setting up the country's first Display FAB facility in _____ to manufacture the most advanced AMOLED displays, with an investment of Rs 24,000 crore.

Elest, a subsidiary of gold retailer Rajesh Exports, will be setting up the country's first Display FAB facility in Telangana to manufacture the most advanced AMOLED displays, with an investment of Rs 24,000 crore, making it one of the largest investments in high-tech manufacturing sector in India. With the announcement of this investment, Telangana emerges as a front-runner in the semiconductor and display fab sector. The display fab would be set up under the India Semiconductor Mission programme of the Ministry of Electronics and Information Technology, Government of India.