Vedanta may cut jobs at aluminium unit as prices tank

Company urges govt to raise tariffs

Vedanta has scaled down aluminium business and may make "huge" job cuts due to low global prices and rising imports, its chief executive Abhijit Pati told Reuters, urging the government to raise tariffs.

Vedanta, controlled by billionaire Anil Agarwal, is running its main plant at a third of capacity even as global output in the first half of the year rose at its fastest pace since 2010.

China, the world's biggest producer, raised its output by 18% against the world growth of 10.3%.