Vedanta Resources plans two not-for-profit industrial parks for aluminum, zinc, and potential oil & gas, aiming to boost economic growth and job creation.

Vedanta Resources, led by Anil Agarwal, plans two not-for-profit industrial parks: one for aluminum and another for zinc, silver, potentially oil & gas, and iron & steel. As anchor industries, Vedanta will provide raw materials and renewable energy, while entrepreneurs establish downstream industries. These parks aim to boost economic growth, job creation, and manufacturing competitiveness, while reducing transportation costs and improving township access for employees. Vedanta's current aluminum park in Jharsuguda has attracted downstream industries, and the company's consolidated net profit increased 36.5% Q2 2024.

August 28, 2024
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