Vedanta has recently won two iron ore mines in Odisha through auctions. Once these mines get operational, they will not only secure its iron ore supplies for its steel arm ESL Steel and reduce the raw material cost, but also provide a consistent quality, according to Sunil Duggal, the chief executive of Vedanta Limited.
from Industry-Economic Times
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Captive mines, value-added businesses will help Vedanta realise "hefty" margins: CEO Sunil Duggal