Latest News | Vedanta Group Planning to Invest USD 20 Bn in 4 Years: Agarwal
Get latest articles and stories on Latest News at LatestLY. The Vedanta Group is targeting an investment of USD 20 billion across all its businesses in India over the next four years, its Chairman Anil Agarwal said on Wednesday.
Mumbai, May 1 (PTI) The Vedanta Group is targeting an investment of USD 20 billion across all its businesses in India over the next four years, its Chairman Anil Agarwal said on Wednesday.
The investments will be focused on technology, electronics, and glass businesses apart from the other activities that the group is engaged in, Agarwal told reporters here.
The billionaire from Bihar said he wants to play the role of a catalyst in helping his home state grow, but said there is a need for a strong support from the policy front for it.
He was speaking on the sidelines of an event where the mining-focused group announced to scale up its philanthropic activities.
The group wants to take the total number of Nand Ghars, under which it takes care of children's nutritional requirements at the villages, to 25,000 over the next two years from the present 6,000, he said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)