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Vedanta plans $2 billion investment to support zinc, aluminum, oil, gas capacity

11 Aug 2022 15:16 reported by Joy Liu

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Vedanta, a mining company in India, said that the company has planned to invest approximately US$2 billion to support the production capacity of zinc, aluminum, oil, and gas in the fiscal year 2023.

In addition, Vedanta is moving toward the strategic field of semiconductor and display fabrication plants, said chairman Anil Agarwal at the company’s annual general meeting.

In the fiscal year 2022, Vedanta’s revenue hit a record high, reaching Rs 131,192 crore.