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## Vedanta to Invest $6 Billion Across Various Businesses

New Delhi: Vedanta, a leading mining conglomerate, has announced a massive investment of $6 billion across its various businesses, including aluminium, zinc, iron ore, steel, and oil and gas. This strategic move aims to increase the company’s annual EBITDA by at least $2.5 billion, as revealed by its executives during an investor meeting.

## Extensive Pipeline of Projects and Expansions for Growth

Vedanta is not stopping at just this investment; it has over 50 active projects and expansions in its pipeline to drive further growth. These projects are expected to yield incremental revenue of over $6 billion and significantly boost the company’s EBITDA. The current EBITDA of $5 billion, ending in the fiscal year on March 31, is projected to reach $6 billion in the next fiscal year and potentially surge to $7.5 billion by FY27, according to the executives.

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## Vedanta Chairman’s Vision for the Future

During the investor meeting, Vedanta’s chairman, Anil Agarwal, expressed his optimism about the company’s future, stating that it will reach “a different level” in the next 25 years. His brother and vice chairman, Naveen Agarwal, provided further details about the ambitious plans set in motion by Vedanta, signaling a promising outlook for the conglomerate’s growth and success in the years to come.

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