Business Standard

We have got seven bids for Sterlite Copper plant: Vedanta's Anil Agarwal

"The world does not want India to produce. Today, 70% of our money is going into imports"

Anil Agarwal
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Vedanta Group founder and Chairman Anil Agarwal

Shine Jacob
Vedanta Group founder and Chairman Anil Agarwal believes that the protests against the group’s Sterlite Copper plant in Thoothukudi in 2018, which eventually led to its closure, were “political or NGO-driven”, and maybe funded by “Chinese”. He tells Shine Jacob about his plans for the sale of the Thoothukudi unit, investments in semiconductor manufacturing, and the road map for the company’s growth. Edited excerpts:

Recently, you announced mega investment plans for semiconductor and display manufacturing. How will this bring synergy to your existing business?

We are already in the glass business. India imports around $16 billion of display glass and

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