Vedanta Invests ₹125 Billion to Expand Metals Portfolio, Eyes EV Demand

Vedanta Ltd. on Monday said it has invested ₹125 billion to boost production of metals and value-added products across its aluminium, zinc, ferrochrome and steel businesses, aligning with the rising demand from India’s electric vehicle industry.

The company also outlined plans to enter rare earth elements, graphite, vanadium, manganese and tungsten, broadening its presence in critical minerals needed for clean energy and mobility.

Vedanta said its aluminium offerings include primary foundry alloys for wheels, engine blocks and cylinder-head applications, along with billets for battery casings, HVAC systems and EV frames. In the zinc segment, the company produces special high-grade zinc, continuous galvanising grade zinc and low-carbon ‘green’ zinc, which it said plays a key role in protecting lightweight steel bodies in automobiles from corrosion.

The company also produces copper, a crucial input for EV batteries, motors, inverters, wiring and charging systems. Its iron ore and ferrochrome output supports steelmaking, while oil and gas production contributes to downstream applications such as lubricants and tyres for EVs.