Auto slowdown has no decipherable impact on Vedanta's performance: CEO

While reducing the cost of production to $1500 per tonne is our mid-term vision, we have given a guidance of $1725 to $1775 per tonne for the current fiscal

As aluminium producers are disquieted by headwinds like soft LME prices and soaring imports, Vedanta is focusing on reducing costs and ramping up portfolio of value-added products. Ajay Kapur, CEO (aluminium & power), Vedanta, talks to Jayajit Dash about Vedanta’s plans. Edited excerpts:

Vedanta has set a target to contain aluminium production cost to $1,500 per tonne. By when and how will you achieve it?
 

While a cost of production of $1,500 per tonne is our mid-term vision, we have given a guidance of $1,725 to $1,775 per tonne for the current fiscal and are on course to achieving it. Costs in the aluminium industry