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Vedanta lost $200 mn since Tamil Nadu plant shutdown: Anil Agarwal
short by Pragya Swastik / on Sunday, 16 June, 2019
Vedanta has lost about $200 million in profits since Sterlite Industries Ltd‘s copper plant in Thoothukudi, Tamil Nadu, was shut down after protests last year, executive chairman Anil Agarwal said on Sunday. He further claimed the shutdown forced India to import copper, spending precious foreign exchange. The Tamil Nadu government ordered the permanent shutdown of the plant in May 2018.
read more at BloombergQuint