Vedanta chairman Anil Agarwal unveiled a growth roadmap at Vedanta Ltd's sixty first annual general meeting outlining capacity increases across metals and energy. The group aims to nearly treble zinc and lead output to three million tonnes (mn t) by 2031, double silver production to 1,500 tonnes (t) and raise copper production to one million tonnes (mn t) by the end of the decade. The plan targets sizeable increases in nickel and ferrochrome.

Ferrochrome capacity will be ramped to half a million tonnes (mn t) by FY28 and nickel output to 60,000 tonnes (t). The firm will accelerate exploration across ten critical mineral blocks covering lithium, cobalt, gold, copper, nickel, manganese, rare earths and potash. The group said it will sharply scale capacities over the next three to five years.

Vedanta Aluminium will double capacity to six million tonnes per year (mn t) within three years and aims to be the lowest cost operator globally. Vedanta Oil and Gas will target production of half a million barrels per day and invest five billion dollars (bn) over the next three to five years to reach that level. Vedanta Iron and Steel will expand capacity from four million tonnes to 15 million tonnes annually with an emphasis on green and specialty steel.

Vedanta Power plans to expand to 20,000 megawatts (MW) and to enter nuclear power. Management said the group's future will be built on three priorities described as Produce More, Partner Better and Purpose Beyond Profit. After completion of the demerger, the chairman said each of the five pure play entities has the potential to become a 100-billion-dollar company.

The statement emphasised technology and artificial intelligence as central to exploration, operations, sustainability, safety and productivity, and said these tools will be embedded across businesses. Management indicated the investments are intended to make operations smarter, faster and more efficient. The roadmap sets an aggressive timetable for scaling output and advancing strategic mineral exploration while pursuing lower costs and higher sustainability standards.