Odisha News Insight

Vedanta declared “Best Diversified Exporter”

 Vedanta declared _Best Diversified Exporter_Vedanta, one of India’s largest diversified natural resources company, with operations across zinc, lead, silver, oil & gas, iron ore, copper, aluminium and commercial power has been declared as India’s ‘Best Diversified Exporter’ at the ECGC (Formerly Export Credit Guarantee Corporation of India Limited) -D&B (Dun & Bradstreet ) Indian Exporters’ Excellence Awards 2015.

The award instituted by ECGC Ltd serves as a driving point for the exporters to pursue excellence and demonstrate exemplary performance. This award conferred on Vedanta recognizes the contribution of natural resources exports which contributed significantly to the Indian economy.

Commenting on the achievement, Mr. Tom Albanese, Group CEO, Vedanta, said,This award is a testament to Vedanta’s Best of Class Business which leverage technology to ensure the best quality of exported commodities. At Vedanta, we believe in creating and delivering significant meaningful value to our stakeholders, and partnering India’s growth through the natural resources sector. ”

The Total Export Revenues (excluding deemed revenue)of Vedanta’s Indian operations in the financial year 2013-2014 stood at Rs. 15,599 crore. The top 3 products exported were copper cathode, zinc ingots and aluminium ingots.

The award was presented by Ms.Nirmala Sitharaman, Honourable Minister of State, Ministry of Commerce & Industry, at a ceremony held in Mumbai recently. Representing Vedanta, the award was received by Mr.Puneet Jagatramka, senior Vice President Central procurement & Marketing-Aluminium Business, Mr.Alok Ranjan, Head Copper business and Mr.Nikhil Supekar, Head International Sales, Hindustan Zinc. (IANS)

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