New Delhi: Billionaire Anil Agarwal on Thursday outlined a bold vision to double the size of his mining conglomerate Vedanta, driven by a ‘3D’ strategy focused on demerger, diversification, and deleveraging.

Addressing shareholders at the company’s 60th annual general meeting (AGM), he said the company is confident that the demerger will happen before September and each of the demerged businesses has potential to grow into a $ 100-billion enterprise.

“Our 3D strategy, demerger, diversification and deleveraging, will enable us to double in size and unlock maximum value for our stakeholders,” he said.

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