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Vedanta Group Sets $25 Billion Three-Year Capex and Moves to Professional Management

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Key takeaways

  • Vedanta Group plans to invest $25 billion over the next three years to expand production capacity.
  • The group targets a $100 billion valuation and $50 billion in annual revenue within two years.
  • The Agarwal family will retain its 54% majority stake through the London-listed holding company.

Vedanta Group plans to invest $25 billion over the next three years to expand production and is moving to a professional management model, the company said. The group, led by founder Anil Agarwal, holds a market value of approximately $55 billion and has set a goal to reach $100 billion, Whalesbook reported.

Vedanta's Shift to Professional Management

Under the new structure, independent executives will oversee day-to-day operations, while the Agarwal family retains its 54% majority stake via the London-listed holding company. The company said the change aims to improve corporate governance and provide the operational focus needed for its next phase of growth.

The $25 billion capital spending program is earmarked to expand production capacity across aluminium, copper, zinc, lead, and silver, along with a push into renewable energy and power transmission. Vedanta Group generates roughly $30 billion in annual revenue and is targeting $50 billion in annual revenue within two years. The group has also set a target to increase the share of women in its workforce from 22% to 35%.

Vedanta's Demerger and Funding Records

According to akta.pro company records, Vedanta completed a five-way demerger in June 2026, listing Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel on the BSE and NSE, with a combined market cap of ₹3.5 lakh crore. The same records show FY26 revenue of ₹1,74,075 crore, up 15% year on year, and FY26 EBITDA of ₹55,976 crore, up 29%. Funding records list nine rounds, including a post-IPO debt round of $208.4 million in September 2026 and $279.1 million in March 2026.

Vedanta's Recent Earnings and Market Moves

On October 21, 2026, Emkay Global Financial maintained a BUY rating on Vedanta with a Rs350 target, citing Q2 EBITDA of Rs92.9bn and net cash of Rs112.7bn, Business News Today reported. The company cut its FY27 cost of production guidance to $825-850/t while keeping silver production at 680t.

On October 12, 2026, Vedanta Group said its girl-focused programmes reached over 10 lakh girls in FY26 across 13 Indian states and international locations, Machine Maker reported. The initiatives cover education, healthcare, sports, and skill development.

Vedanta's Next Steps

The company said the $25 billion program will be spent over the next three years. Vedanta Group has set a target to reach $50 billion in annual revenue within two years and a $100 billion valuation.

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Sources

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