India has become net importer from net exporter of copper after the closure of the Sterlite plant, causing loses to the economy and downstream industries
After efforts to target the Adani Group were thwarted, the Organised Crime and Corruption Reporting Project (OCCRP) has turned its focus towards one of India's leading mining companies, the Vedanta Group
In its official statement, the company stated that building fabs from scratch in a new geography is a challenge, but Foxconn is committed to investing in India.
In case violations of provisions of the FCRA, 2010 are found, the certificate of FCRA registration of the association may be cancelled under Section 14 of the Act,” the reply stated.
In May 2018, Sterlite Copper plant in Thoothukudi owned by Vedanta was ultimately shut down by Tamil Nadu government following protests by the local people on the grounds of alleged environmental hazards caused by the plant.
PM Modi discussed how Adi Shankara awakened the 'Chetana'(consciousness) of a civilisation that was forgetting its own roots and made us Indians aware of our origins, our spiritual destination and in that way, he revived Dharma throughout India.