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Vedanta Resources to invest Rs 60,000 crore in India in 3 yrs: Anil Agarwal

The company is also looking to produce 1,400 tonnes of silver in India, he said, adding that he is also looking to set up a glass manufacturing unit in Maharashtra

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Vedanta

Reuters
Vedanta Resources will invest up to Rs 60,000 crore ($8.42 billion) in India in the next three years, Chairman Anil Agarwal told TV channel ET Now.

Vedanta, which is looking to expand its zinc business in India and Africa, is targeting a total annual global production of the metal of 2 million tonnes, Agarwal told ET Now.

The oil-to-metals conglomerate, which operates in India through its unit Vedanta Ltd, plans to invest $3 billion in oil and gas, he said.

The company is also looking to produce 1,400 tonnes of silver in India, he said, adding that he is also looking to set