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Aluminium Industry Trend & Analysis, Technology Review, Event Rundown and Much More …

Aluminium Industry Trend & Analysis, Technology Review, Event Rundown and Much More …

AL Circle Blog »  December 1, 2015

Daily Archives: December 1, 2015

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Future of Vedanta in the face of high debt, low metal price and raw material crisis

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Vedanta ltd is trying hard to tackle multiple operational setbacks caused majorly by low metal price, rising debts and raw material scarcity. Vedanta has cut costs by as much as 25% throughout this market turmoil. Mr. Agarwal confirmed that the company will “tighten” capital spending and “do whatever is necessary” by way of innovation to survive this condition profitably. Vedanta is aiming at improving their core skill and technical expertise. However, unless the raw material security is assured in a market situation where metal price is at rock bottom, input costs are high and cheap imports are flooding the market, indigenous aluminium industry cannot grow in India.


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