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Expansion▲ Bullish for Vedanta
India needs to utilise resources beneath earth to become self-sufficient: Anil Agarwal
The brief
- Vedanta Group has invested ₹1 lakh crore in Odisha
- The group is ready to invest a matching amount in another refinery in Rayagada
- Vedanta’s proposed investment puts the company and Odisha’s metals and mining sector in focus
- Stocks to buy for long term: Vedanta Iron and Steel, Vedanta Oil and Gas or Vedanta Power: Which is better? Target, SL
- Vedanta Aluminium to Oil & Gas: 4 operational triggers to watch after Nifty 500 entry
- Vedanta lines up FY's first rupee debt sale, bankers say
- Vedanta Oil & Gas holds Rajasthan operating cost at $16.4/barrel in FY26
Vedanta’s Odisha investment plans
Vedanta announced a ₹1 lakh crore investment drive in Odisha targeting 50,000 jobs, including expansion of existing operations and proposed aluminium projects. The group has sought to revive Niyamgiri mining and says it is ready to invest a matching amount in another Rayagada refinery.
Sunday, 27 September
- India needs to utilise resources beneath earth to become self-sufficient: Anil Agarwal