Vedanta To Invest $6 Bn In India

Vedanta To Invest $6 Bn In India

FPJ BureauUpdated: Saturday, June 01, 2019, 04:53 AM IST
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Jaipur  : Metals and mining conglomerate Vedanta Resources wants to make fresh investments of over USD 6 billion in India in two-three years and USD 30 billion over a period of time if the investment climate in the country remains positive, its chief Anil Agarwal said.

“The company is looking to invest USD 6 billion in the next two to three years, including USD 3 billion in oil and gas and remaining USD 3 billion in other businesses like zinc and aluminium,” he told PTI in an interview  Agarwal exuded confidence that things are looking positive with the change of guard at the Centre and India has caught the fancy of the world.  “There is a big difference in the investment climate. Everybody is discussing in their board rooms that India is opening up.

He said the company is keen on investing in coal and is looking to participate in the ongoing mines auctions.

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