The mining tycoon wasn't explicit about whether he wanted to assist Anglo with increasing sales to India or to start operating mines there
Agarwal is ranked 603rd on the world's billionaire list and is the 63rd richest Indian
It is now the second largest shareholder behind South Africa's Public Investment Corporation
However, Anglo, which has a market value of around 16.75 billion pounds, declined to comment
Interview with Chairman, Vedanta Resources
Interview with Founder & Chairman, Vedanta
Interview with managing director & head of Asian financial research, Morgan Stanley
Agarwal, however, did not elaborate on the time period
This will be largest investment made in setting up of an electronics plant in country