Vedanta to bring investments of up to $20 billion

Vedanta chairman Anil Agarwal during its 56th Annual General Meeting said that the company is committed to bringing in investments of up to $20 billion across its businesses. “We at Vedanta are committed to nation-building and to bring in future investments of up to $20 billion across our businesses, which will play a crucial role in the overall economic growth,” Agarwal said on Tuesday while addressing shareholders.

Agarwal also said that Vedanta is aiming to double the production of silver due to its use in renewable energy. He also said that the company aims to double and possibly triple its production of mining and metals to reduce dependence on fossil fuels, apart from aiming to double its steel production capacity.