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Home » Vedanta’s investment plans
Funding

Vedanta’s investment plans

News DeskBy News Desk8 October 2021No Comments1 Min Read
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Vedanta is planning to invest $20 bn, said group chairman Anil Agarwal 

It will be done probably during the privatisation of BPCL, Shipping Corporation, and Hindustan Copper

The group has floated a fund for $10 billion

Agarwal welcomed the recent privatisation move

He said, at today’s market price, the government could get $1 trillion for its assets

He said the government should privatise 20% of its assets

The remaining should be corporatised with no shareholder owning more than 10%

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