Cairn India to invest $1b in five projects to ramp up production

Cairn India to invest $1b in five projects to ramp up production

Photo: Reuters

Cairn India Ltd (CIL), part of the Anil Agarwal-led Vedanta Group, will invest $1 billion in five projects that the company plans to develop shortly, acting chief executive officer, Sudhir Mathur, told analysts after the company’s results were announced on 9 February.

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