As India’s largest and most diversified natural resources company, we are uniquely positioned to support the nation’s economic growth and influence global commodity markets. Through strategic investments, strong government partnerships and a focus on sustainable, inclusive development, we are unlocking long-term value across our portfolio.
Vedanta’s diversified, low-cost asset base enables us to generate strong margins and free cash flow across commodity cycles. Our focus on base metals and oil aligns with robust demand trends, while our global cost leadership is driven by continuous structural cost reduction and operational efficiency.
Asset base
HZL
India remains our core market, offering significant growth potential, with per capita metal consumption well below the global average. The economy grew by 6.5% in FY 2024-25 and is expected to maintain this momentum in the current year (IMF, April 2025 Outlook). Continued urbanisation, industrialisation and increased infrastructure spending – driven by government initiatives and a higher capital outlay in the Union Budget 2025-26 – are set to sustain strong demand for natural resources.
Key advantages
Our management team brings diverse global and sectoral expertise, ensuring efficient and responsible operations. With a disciplined approach to development, we have consistently delivered steady production growth, driven by a sharp focus on efficiency and cost savings. Since our listing in 2004, our assets have achieved exceptional growth in production.
3.1
MTPASMELTING CAPACITY
(2.85 MTPA in FY 2025-26)
5
MTPAALUMINA CAPACITY
(FY 2025-26)
150
kboepdOIL PRODUCTION
(Medium Term)
Zinc India
1.2
MTPASMELTING CAPACITY (FY
2025-26)
Zinc International
500+
MTPAMIC CAPACITY (FY
2025-26)
FACOR
500
MTPAFERROCHROME CAPACITY (FY
2026-27)
30
MTPA MERCHANT IRON ORE (Medium Term)
3.5
MTPASTEEL CAPACITY
Zinc International
500+
MTPAMIC CAPACITY (FY
2025-26)
FACOR
500
MTPAFERROCHROME CAPACITY (FY
2026-27)
5
GWMERCHANT POWER OPERATING CAPACITY (FY
2025-26)
Vedanta is leading digital transformation in the natural resources sector with a digital‑first culture that drives innovation and workforce digital literacy. We continue to invest in Industry 4.0 technologies – such as Digital Twin and Advanced Process Control – to boost operational efficiency. Our advanced digital deployments, including remote mine operations, set us apart in safety and productivity. Strategic collaborations with startups and partners have further supported volume growth, cost optimisation and EBITDA improvement.
We have unveiled a structured capital allocation policy that prioritises growth and shareholder return. The policy aligns three streams across capital expenditure, dividend policy and selective inorganic growth. It will be driven by a consistent, disciplined, and balanced allocation of capital with long-term balance sheet management, optimal leverage management and maximisation of total shareholder returns.
We have a strong track record of consistent growth across key financial metrics, underpinned by sustained investment in capacity expansion and operational efficiency. In FY 2024-25, we delivered resilient financial performance, reinforcing the strength of our foundation.
Sustainability is integral to our strategy as we strive to be the lowest-cost producer in an environmentally responsible manner. We have adopted global best practices to transform communities, protect the planet and enhance our workplaces, in line with our Group’s vision of ‘zero harm, zero waste and zero discharge’. Our commitment to safety is reinforced by robust risk management frameworks across the business. We continue to foster an inclusive work culture by promoting diversity and equity.
We are also exploring greener business models and developing a low-carbon product portfolio. In parallel, we are targeting water efficiency and aim to become net water positive by 2030. Our community development efforts remain central to our operations, guided by international standards and driven by the ambition to positively impact the lives of 100 million women and children through initiatives in education, nutrition, healthcare and skill development. We are also enhancing the transparency and quality of our disclosures in line with global benchmarks such as GRI and TCFD.
In our journey towards net carbon neutrality by 2050, we aim to reduce absolute emissions by 25% by 2030 (from the 2021 baseline) through the following levers:
