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Vedanta Ltd. could be entering a structurally important phase, aligned with India’s accelerating commodity demand driven by energy transition and infrastructure build-out. This is backed by a ₹81,743 crore capex cycle and a value-unlocking demerger. However, with majority of the spend ahead of us and the inherent cyclicality of commodities pose meaningful risks for the company.
Vedanta has announced a multi-year capital expenditure programme worth ₹81,743 crore