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Vedanta aims to manufacture 50,000 personal protective equipment every day

13 Apr 2020 Evaluate

Vedanta is targeting to indigenously manufacture about 50,000 personal protective equipment (PPE) every day amid talks of PPE shortage in the country following coronavirus outbreak. The company will start manufacturing PPE by the first week of May.

The company has tied up with the Ministry of Textiles to import 23 machines from China for PPE manufacturing within the country. These machines will have the capacity of giving up to about 50,000 PPE per day. These machines specifically make PPE required for doctors and medicos.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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