Sterlite Industries
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| Public company | |
| Traded as | : SLT : : STER BSE SENSEX Constituent |
| Industry | Metal, Mining |
| Successor | Sesa Sterlite Limited |
| Founded | 8 September 1975, Calcutta,India |
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Area served
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Worldwide |
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Key people
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Anil Agarwal (Chairman) |
| Revenue |
 INR 126.58 billion (2007-08)
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Number of employees
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13,500 (Mar 2013) |
| Parent | Vedanta Resources |
Sterlite Industries (India) 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 (US$ 5.79 billion).
₨ In September 2013, SESA Goa, Sterlite Industries and Vedanta Aluminium merged to form Sesa Sterlite Limited.
The company engages primarily in the production of copper in Tuticorin, India. Its products include copper cathodes; and cast copper rods, including 11 mm and 12 mm rods used in the transformer industry, and 8 mm rods used by the wires and cables industry with applications in housing wires, electrical cables, and telecom cables. The company also engages in the mining of bauxite, and the production of aluminum conductors and various aluminum products, as well as in the mining of zinc ore, and in the manufacture of zinc ingots and lead ingots. In addition, Sterlite Industries produces various chemical products, such as sulphuric acids, phosphoric acids, phospho gypsum, hydro fluo silicic acids, and granulated slag. Further, the company involves in trading gold, as well as in paper business. It markets its copper products directly to original equipment manufacturers and traders.
The company’s main operating subsidiaries are Hindustan Zinc Limited for its zinc and lead operations; Copper Mines of Tasmania Pty Limited for its copper operations in Australia; and Bharat Aluminium Company Limited for its aluminium operations. The company is entering into the commercial power generation business by setting up a large scale 2,400 MW coal based independent thermal power plant in Jharsuguda, Orissa and a wind energy project at Karnataka, Gujarat and Maharashtra, totaling 110.4 MW. Post completion of these projects, the company will have a total wind power capacity of 148.8 MW. . As of 31 March 2010, it also operates a copper mine in Australia.
On 23 Feb 2001, Sterlite bought 51% stake in Bharat Aluminium Co. from the government of India by $118.5 million.
Sterlite Industries is a public company traded under the ticker SLT at the NYSE in the form of ADS (American Depositary Shares) since 2007.
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