Vedanta Group inks MoU with 20 Korean display glass companies

The Vedanta Group stated that it has inked Memorandums of Understanding (MoU) for the establishment of an electronics manufacturing hub in India with 20 Korean display glass companies. Vedanta was invited to a…

Vedanta signs pacts with 30 Japanese firms to develop Indian semiconductor manufacturing ecosystem

In order to create an Indian semiconductor and glass display manufacturing ecosystem, Vedanta Group announced on Tuesday that it had agreements in place with 30 Japanese technology businesses. The agreements were signed last…

Vedanta says priority is to complete doubling Electrosteel capacity to 3 MT

In response to rumours that the company would be leaving the steel industry, Vedanta Group stated that it was committed to finishing the expansion of Electrosteel Steels Ltd. from 1.5 million tonnes to…

Sterlite Power to invest Rs 50,000 crore in renewable energy sector

The inter-state transmission network will transport the energy from the Vedanta group’s over 1,000 megawatt wind/solar hybrid projects currently under construction in Karnataka to the smelters in Rajasthan, Chhattisgarh, and Odisha. “Over the…

Vedanta chairman Agarwal speaks about future of Thoothukudi Sterlite plant

The $30 billion Vedanta Group chairman, Anil Agarwal, was in Bengaluru to speak at an IIM alumni event and to meet with Karnataka Chief Minister Basavaraj Bommai. The later meeting lasted an hour…

Vedanta Group and Foxconn to jointly invest in semiconductor manufacturing facitiy in Maharashtra

On a 1,000-acre plot of land in Talegaon, close to Pune, Vedanta Group and Foxconn will jointly invest in a semiconductor and display manufacturing facility. The joint venture would invest 1 lakh crore…

Hindustan Zinc gets nod to set up 30 KTPA plant to produce zinc alloys

Hindustan Zinc CEO Arun Misra, a member of the Vedanta group said the business is trying to increase its presence in the manufacture of zinc alloys and has been given permission to build…