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Anil Agarwal's Vedanta sees foreign hand in Sterlite Copper closure

Sterlite Copper paid the government around Rs 2,200 crore as tax

Vedanta, led by Anil Agarwal, said after the closure of the plant, almost 38%  of the country’s copper demand,  which Sterlite met, is being catered  to by foreign companies
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Vedanta, led by Anil Agarwal, said after the closure of the plant, almost 38% of the country’s copper demand, which Sterlite met, is being catered to by foreign companies

Gireesh Babu Chennai
Anil Agarwal-led Vedanta has said there is a foreign hand in the agitations against its copper production unit, Sterlite Copper, in Thoothukudi, Tamil Nadu, which resulted in its closure.

“After the closure of the plant, almost 38 per cent of the country's copper demand, which Sterlite met, is being catered to by foreign companies,” said counsel for Vedanta in the Madras High Court on Thursday.

“There is a direct economic, financial interest of the foreigners in this,” said 

Senior Counsel C Aryama Sundaram, who appeared for Vedanta in its litigation against the state government’s closure order.

“Foreign manufacturers are benefiting from this and the

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First Published: Jun 27 2019 | 9:13 PM IST

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