Vedanta invests INR 21,000 crore through FY26 to expand EV metals capacity

Reuters2026/09/09 07:46

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Vedanta committed more than INR 210 billion through FY26 to expand metals output and capacity for India’s EV supply chain.
Spending targets aluminium, zinc, value-added alloys, copper, steel, nickel, ferrochrome to deepen domestic availability of key inputs.
Aluminium expansions at BALCO in Chhattisgarh, Jharsuguda in Odisha to lift smelting and value-added capacity for auto, electrical demand.
Copper push includes a copper rod plant investment in Saudi Arabia, extending downstream capacity alongside record 170 kt cathode output in FY2025-26.
Secured 10 critical mineral blocks to reduce import reliance, with exploration underway across five blocks.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vedanta Limited published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vedanta invests INR 21,000 crore through FY26 to expand EV metals capacity

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