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Vedanta's Power Play: New Leadership, Ambitious $8-Billion Capex Outlay
In the current fiscal, the company has earmarked $1.9 billion for capex.
18 Jun 2024, 12:47 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![<div class="paragraphs"><p>(Source: Vedanta website)</p></div>](https://media.assettype.com/bloombergquint%2F2024-06%2F60e0ca4a-7ac5-4d3e-b09c-869bc8bb5871%2FVedanta_website_2.jpg?auto=format%2Ccompress&w=200)
(Source: Vedanta website)
Vedanta is making bold moves with an $8 billion capital-expenditure plan aimed at significantly boosting its operating profit. The strategic initiative, coupled with the appointment of new independent directors, signals a strong commitment to growth and operational efficiency.With ambitious targets for its key segments and a spinoff on the horizon, Vedanta is positioning itself for a transformative year.
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