HighPositive
Announced Tue, 14 Jul · 22:10 IST
Each of Vedanta’s five demerged entities can become worth $100 bn: Anil Agarwal
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AI summary
Vedanta Ltd chairman Anil Agarwal outlined ambitious growth plans for the group's five recently demerged entities — Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil & Gas, Vedanta Iron & Steel, and the holding company Vedanta Ltd — stating each could become worth $100 billion. Key targets include doubling aluminium capacity to 6 MT, scaling oil & gas output to 500,000 barrels/day, expanding steel capacity from 4 MT to 15 MT, growing power to 20,000 MW with a foray into nuclear, and tripling zinc-lead output to 3 MT by 2031. Vedanta reported record FY26 revenue of Rs 174,075 crore and profit of Rs 25,096 crore.