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Vedanta lost $200 million in profits in one year of Thoothukudi plant shutdown, Anil Agarwal says

Updated : June 17, 2019 07:35 AM IST

Agarwal added that the stoppage of production at the Tuticorin plant of the firm's unit Sterlite led to the country having to import copper, spending precious foreign exchange.
The Tamil Nadu government had in May last year ordered permanent shutdown of the copper smelter after bloody protests at the plant in Thoothukudi culminated in police opening fire on demonstrators.
The Vedanta plant in the Thoothukudi district produced about 40 percent of India's copper output.
Vedanta lost $200 million in profits in one year of Thoothukudi plant shutdown, Anil Agarwal says

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