- Business
- Vedanta Limited Vedanta Limited engages in the exploration, production, and sale of a diverse portfolio of natural resources including aluminium; zinc-lead-silver; oil and gas; iron ore; steel; copper cathodes; pig iron; chrome ores; metallurgical coke; ferro alloys; nickel; power; semiconductors; and glass substrates, operating world-class strategic assets primarily in India as well as South Africa, Namibia, Liberia, and other regions across Asia, Europe, and Africa. Headquartered in Mumbai and founded in 1976 through its origins as Sterlite Industries, the company serves diverse consumer markets for primary materials needs via subsidiaries such as Bharat Aluminium Company Limited, Hindustan Zinc Limited, Sterlite Copper, Vedanta Aluminium, and others, positioning it as a leader in mining, metals, energy, and technology sectors with target customers spanning industrial manufacturers, energy producers, and global commodity traders. Recent developments include a $6 billion investment announced in March 2024 across aluminium, zinc, iron ore, steel, and oil and gas verticals to add $2.5 billion to annual EBITDA through over 50 projects and a planned vertical split into five listed entities; Competition Commission of India approval in October 2025 for a Rs 17,000 crore bid to acquire debt-laden Jaiprakash Associates Limited, enhancing power generation and real estate capabilities; pursuit of global and domestic acquisitions plus strategic partnerships for critical minerals as of May 2025; and a second interim dividend consideration in August 2025 following deleveraging efforts that reduced parent Vedanta Resources' debt from $9 billion in FY22 to $5 billion in FY25.