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Vedanta To Invest $1 Bn More In FY18, Says CEO

by business-standard.com posted 1year ago 452 views
<em><strong>Tom Albanese</strong></em>, CEO of&nbsp;<a class="storyTags" href="http://www.business-standard.com/search?type=news&amp;q=Vedanta" target="_blank">Vedanta&nbsp;</a>Ltd and London-listed&nbsp;<a class="storyTags" href="http://www.business-standard.com/search?type=news&amp;q=Vedanta" target="_blank">Vedanta&nbsp;</a>Resources Ltd, is optimistic that the good days of metal and oil&nbsp;<a class="storyTags" href="http://www.business-standard.com/search?type=news&amp;q=Companies" target="_blank">companies&nbsp;</a>are finally here which would see the returns on investments to go up in the current fiscal. Soon after FY16 results, Albanese spoke to&nbsp;<em>Aditi Divekar and Dev Chatterjee</em>&nbsp;on the road ahead for&nbsp;<a class="storyTags" href="http://www.business-standard.com/search?type=news&amp;q=Vedanta" target="_blank">Vedanta&nbsp;</a>post-merger with oil producer, Cairn India Ltd and its investments plans, and the bottlenecks facing the metals industry. Excerpts.