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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

Ajay Kapur, CEO (aluminium & power), Vedanta Ltd
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Ajay Kapur, CEO (Aluminium & Power), Vedanta Ltd

Jayajit Dash
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

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First Published: Sep 27 2019 | 2:11 PM IST

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