Vedanta is planning to invest $1.7 billion in the current financial year (FY24) to expand the capacities of its various business operations. The company has already invested $1.2 billion in the form of growth capex in FY23 to augment its assets and production.
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.