16-July-2026
Corporate News
 
Vedanta Group targets major capacity expansion, commits $5 billion to oil over 5 years
15-Jul-2026

Anil Agarwal-led Vedanta Group has announced its ambitious plans as the conglomerate aims to expand its metal production and ramp up exploration across its mineral blocks. Speaking at the company’s AGM, Agarwal said that over the next three to five years, the group will invest $5 billion in its entity Vedanta Oil. Vedanta Group to triple zinc and lead production Under the Vedanta group’s 3P plan, the first phase, which is ‘Produce’, will include tripling zinc and lead production to 3 million tonnes by 2031. The plan also comprises doubling silver output to 1,500 tonnes and increasing copper production to 1 million tonnes by the end of the decade.

News Source:- https://www.financialexpress.com/business/industry/vedanta-group-targets-major-capacity-expansion-commits-5-billion-to-oil-over-5-years/4291352/