>>     >>     >>   Vedanta sets sight on market expansion in Jharkhand with USD 1 billion investment

Vedanta sets sight on market expansion in Jharkhand with USD 1 billion investment

Vedanta keen on making a strong presence in Jharkhand has "big plans" to infuse a whopping USD 1 billion investment that includes setting up a 1 million tonne steel plant.


By   |  Updated On : February 16, 2017 02:17 PM
 Vedanta - File Photo

Vedanta - File Photo

New Delhi :  

Indian steel major Vedanta keen on making a strong presence in Jharkhand has "big plans" to infuse a whopping USD 1 billion investment that includes setting up a 1 million tonne steel plant.

Dubbing Jharkhand as "a diamond in the crown of the world", Vedanta Resources Group Chairman Anil Agarwal said the state is "full of potential" and Vedanta has big plans for it.

"There is a lot of potential. This (Jharkhand) is a real Australia in India with its huge natural resources. We have a big plan but we will start with the medium size or small size project. We intend to set up a one million tonne of steel plant," Agarwal told

First Published: Thursday, February 16, 2017 02:10 PM

POPULAR TAGS: Vedanta,


For latest india news on mobile, download News Nation Android app, Windows app and Iphone app. Also like News Nation's official Facebook page and follow us on Twitter and Google Plus to stay tuned to latest news.

MORE FROM NEWS NATION