Vedanta Invests Over INR 210 Billion To Build India's EV Metals Ecosystem
Mumbai, Sept. 9 -- Vedanta Group has announced that it has invested over INR 210 billion through FY2026 across projects to expand production capacity for aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome. The capital deployment aims to scale domestic material production, supporting India's electric mobility and automotive sectors.
The investment addresses rising national demand for vehicle electrification components, including battery cells, energy storage units, electric motors, power electronics, semiconductors, charging infrastructure and vehicle structural parts.
At present, India imports over 80 percent of its critical mineral requirements. To establish domestic resource access, Vedanta said it has secured ...
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