Vedanta to invest close to Rs 56,000 crore in next 3 years: Chairman

There is immense growth potential in sight, Vedanta Ltd Chairman Navin Agarwal said at the company's Annual General Meeting, where he made the investment announcement. "As India's largest private sector oil producer, your company contributes 27 per cent to the domestic production and aspires to take it up to 50 per cent. Towards this, your company will be investing $3-4 billion over the next 2-3 years, in various growth projects," he said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BIO9md