Vedanta To Invest Rs 50,000 Crore On India Biz Expansion: Anil Agarwal

Vedanta To Invest Rs 50,000 Crore On India Biz Expansion: Anil Agarwal

Metals and mining conglomerate VedantaBSE 2.01 % Resources has plans to invest around Rs 50,000 crore on business expansion in India in coming years, its Chairman Anil Agarwal said today.

He also expressed hope that the retrospective taxation issue between Cairn Plc and the government would soon be sorted out.

“I have promised the government that the group will invest Rs 40,000-50,000 crore. My shareholders and my banks abroad would be very pleased with my plan,” Agarwa ..

“I have promised the government that the group will invest Rs 40,000-50,000 crore. My shareholders and my banks abroad would be very pleased with my plan,” Agarwal said.

He further said that this decade will belong to India and it is the best time to invest here. Read More…

 

 

 

Credit By: ET

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