Sterlite Copper's 20 years in Thoothukudi have been marked.

A STUDY OF THE OPERATING CYCLE AND CASH CYCLE OF STERLITE IND Essay Sterlite Industries India Limited (SIIL) is the chief subordinate of Vedanta Resources plc, a diversified and incorporate FTSE 100 metals and excavation company, with chief operations located in India and Australia.

The people here are up in arms against the construction of a copper plant by the Sterlite Industries, a subsidiary of Vedanta Resources, a metals and mining conglomerate. Chennai-based writer and.

Below is the Vedanta resources plc’s group tree. Copper Business: Copper business are run and operated by Sterlite Industries (India) Limited, Konkola Copper Mines Plc and Copper Mines of Tasmania, however, Vedanta holds 53.9%, 79.4% and 100% stakes respectively and management control in the above companies. The total copper business has an.

Sterlite Copper unit has been in operation in Tuticorin since its inception in 1997 and has been dogged by controversies throughout. But at the heart of the fresh protest at the unit, is a brownfield expansion of the plant, entailing a doubling of the capacity of the smelter to 8,00,000 tonnes per year. Protesters say that pollution from the copper plant, including issues relating to disposal.

Sterlite Industries (India)is a subsidiary of London based Vedanta resources. Founded in 1975 by Anil Agarwal; Its primary operation in India is production of non-ferrous metals like Copper, Aluminium and Zinc. Apart from this, Sterlite India also produces other chemical products such as Sulphuric acid, Phosphoric acid among other things.

Sterlite Copper has a 400,000 tonnes-a-year copper plant built over 250 acres, and the plant is run by Sterlite Industries Ltd, a unit of Vedanta Ltd, which is a subsidiary of London-based.

Sterlite Copper can make 4 lakh tonnes of Copper Per year, i.e. 1500 tonnes daily, But, This company regularly breaks laws and exceeds pollution limits 4. Sulphur Dioxide and Iron Oxide has been found in air in Thoothukudi, Many people in that city are suffering from Lung Diseases because of this, Around 5 lakh people live in their city within 10km radius of that factory.

The Tamil Nadu government rejected a report by the Centre on groundwater contamination in Thoothukudi, saying that the study was biased in favour of Vedanta’s Sterlite Copper plant.

In Tamil Nadu’s Thoothukudi district, protests against Sterlite’s copper smelter plant get a second wind as local residents’ health and environmental concerns over the company’s expansion plan lead.

Representatives of companies who are dependent on Sterlite Copper for acids, fly ash and copper slag said that this would soon impact battery manufacturers, detergent makers, cement plants and the abrasive industry, among others. A few firms have already halted their production even as they scout for a new source of raw material.

The Madurai bench of the Madras High Court on Wednesday stayed the expansion of Sterlite Copper’s industrial unit in Tuticorin, a day after 11 people were killed in police firing when a protest rally against the unit turned violent. The protest found support from a wide array of political parties, including a publicised visit by actor-turned- politician Kamal Haasan.

About Sterlite :-Sterlite Industries Ltd. is a subsidiary of Vedanta Resources plc, a diversified and integrated metals and mining group. The company is based in Mumbai, India. On 31 March 2013, the company’s market capitalisation was INR 31,490 crores. The company engages primarily in the production of copper in Tuticorin, India. Its.