We are an LSE-listed diversified FTSE 100 metals and mining company, and India’s largest non-ferrous metals and mining company based on revenues. Our business is principally located in India, one of the fastest growing large economies in the world.
In addition, we have additional assets and operations in Zambia and Australia. We are primarily engaged in copper, zinc, aluminium and iron ore businesses, and are also developing a commercial power generation business.
We have experienced significant growth in recent years through various expansion projects for our copper, zinc and aluminium businesses and our acquisition of Sesa Goa in April 2007, which enabled us to enter the iron ore business. Revenue from our businesses increased from $3,701.8 million in fiscal 2006 to $6,578.9 million in fiscal 2009, representing a compound annual growth rate of 21%.
We believe our experience in operating and expanding our businesses in India will allow us to capitalise on attractive growth opportunities arising from India’s large mineral reserves, relatively low cost of operations and large and inexpensive labour and talent pools.
We believe we are also well positioned to take advantage of the significant growth in industrial production and investments in infrastructure in India, China, Southeast Asia and the Middle East, which we expect will continue to create strong demand for metals.
Vedanta is a FTSE 100-listed metals and mining company. The main metals we produce are aluminium, copper, zinc and lead, as well as iron ore. Our primary operations are in India, Zambia and Australia.
