Anil Agarwal, Chairman of Vedanta Ltd., said each of the company's five entities can achieve an enterprise value of $100 billion [1].

This strategic shift follows a major demerger intended to unlock growth and scale. By separating its business units, the group seeks to transform into a global champion of natural resources and increase its overall market footprint.

The announcement coincided with the listing of four new Vedanta companies on the Bombay Stock Exchange and National Stock Exchange [3]. Agarwal said the group has already raised $35 billion from global funds [1].

There are varying reports regarding the specific financial targets for the separated units. While some sources indicate the $100 billion goal refers to enterprise value [1], others state that each business can hit the $100 billion revenue mark [2].

Agarwal said the companies are ambassadors of India [3]. The move to list these entities on Indian exchanges is part of a broader effort to build significant scale within the domestic market while maintaining international ambitions.

The chairman said the businesses can operate independently to maximize their specific sector strengths, including aluminum and steel, after the restructuring process [1].

“"Each of our five companies can achieve an enterprise value of $100 billion."”

The demerger of Vedanta into smaller, focused entities is a tactical move to eliminate the 'conglomerate discount,' where the market undervalues a company because its diverse business lines obscure the true value of individual assets. By listing separate units, Agarwal is attempting to create transparency and allow investors to bet on specific commodities, potentially driving the group's total valuation significantly higher through specialized growth.