VISL Debuts as India's Next Integrated Iron Ore and Steel Growth Platform

New Delhi, 19 June 2026: 

Vedanta Iron And Steel Limited (VISL/Company) announced the listing of its equity shares on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE), marking the beginning of a new chapter as an independent, resource-backed iron ore and steel Company. The listing provides investors with direct exposure to one of India's emerging integrated iron ore and steel platforms at a time when the country's steel sector is entering a phase of unprecedented expansion.

India's steelmaking capacity is expected to increase to 300 million tonnes (MT) by 2030 against current installed capacity of ~200 MT presently, supported by sustained investments in infrastructure, railways, energy, defence and urbanisation. With domestic steel demand projected to grow at over 6-8% annually, significantly ahead of global growth rates, the sector is expected to play a central role in India's economic development over the coming decade.

Positioned at the intersection of this opportunity, VISL combines long-life iron ore resources, integrated operations and a significant expansion pipeline. Supported by approximately 4 billion tonnes of iron ore reserves and resources, providing more than 50 years of raw material security, the Company is building a platform designed to create long-term value across the iron ore and steel value chain. VISL has outlined a clear roadmap for growth and value creation, backed by a planned capex programme, the Company is focused on expanding value-added product capacity across High Silicon Iron, DI Pipes, Wire Rods and Rebars.

Already among India's largest iron ore producers and exporters, VISL benefits from a diversified portfolio of mining, processing and steelmaking assets across Odisha, Jharkhand, Goa, Karnataka and Liberia. The Company's integrated value chain is supported by strategic logistics infrastructure, including dedicated railway sidings, port access, barge fleets & facilities and captive power assets, enabling efficient operations and market access across key regions.