“NO PLAN TO LEAVE THOOTHUKUDI”: STERLITE CEO

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“No plan to leave Thoothukudi”: Sterlite CEO Ramnath

Amid controversies surrounding Sterlite Copper run by Vedanta in Tamil Nadu's Thoothukudi that. the CEO of the plant, in an interview to The Hindu said that the company has no plans of exiting the town.

 

The CEO, P. Ramnath reportedly said that they were not looking to move out of the state and planned to take the legal course as part of the solution.

 

This comes after Thoothukudi collector’s statement which stated that the Tamil Nadu government does not want the Sterlite plant in Thoothukudi.

 

The Hindu quoted him as saying, “Twenty years ago, we came down to Thoothukudi and set up the plant for a reason. That reason continues. For the second plant also we had an option of moving to other States, but we decided to be here. That decision continues and that does not change as of now”.

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