Vedanta Ltd management interview: India Business Hour: Iran Slams Us For Strikes, Washington Cites 'Self Defence' & More Updates
CNBC-TV18, 2026-05-26. Video: https://www.youtube.com/watch?v=vZeAiWA_VQc
- Demerger and listing: Vedanta plans to list four new demerged entities in June, enabling them to trade independently with dedicated management to meet India's natural resource needs.
- EBITDA and investment: The company projects a combined EBITDA of $10 billion in the coming years and has deployed $20 billion, supported by robust funding and government backing.
- Commodities outlook: Chairman Anil Agarwal expressed strong optimism for aluminum, copper, and oil and gas, anticipating that their supply will support at least 5,000 downstream industries.
- Defense manufacturing potential: Agarwal highlighted that India could become the largest producer of arms and ammunition if its massive manufacturing facilities are modernized and privatized.