Vedanta Limited Overview
Company Headquarters: India
Founded: 1965
Workforce: ~60,000
Company Working: Vedanta Limited (Vedanta) is a subsidiary of Vedanta Resources Plc. It is a natural resource company that engages in the exploration, extraction, and processing of oil, gas, and minerals. The company operates through the oil & gas, zinc and lead-India, silver-India, zinc-international, iron ore, copper, aluminum, and power segments. The company is one of the largest aluminum producers in India with a capacity of 2.3 metric tons per annum and a 40% share of the Indian aluminum market. Vedanta’s facility in Lanjigarh, Odisha (India), is considered one of the world’s largest single-location integrated alumina refinery complexes and is the first zero-discharge refinery in India.
Strategy
The company is focused on the optimization of its operating expenditure (OPEX) and capital expenditure (CAPEX) to meet the growing input cost of aluminum production and improve profitability in a sustainable way.
