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Vedanta Vendetta: How Foil Vedanta foiled the 2019 Loksabha election in Tamil Nadu
India Copper Forum was held in March 2015 by Hindalco & Vedanta outlining the market, growth and dependence of copper in India’s Infrastructural Growth (1/n) https://www.google.co.in/amp/s/m.economictimes.com/copper-consumption-in-india-has-grown-at-cagr-5-9-in-last-10-years-second-only-to-china/amp_articleshow/55894999.cms
India Copper Forum was held in March 2015 by Hindalco & Vedanta outlining the market, growth and dependence of copper in India’s Infrastructural Growth (1/n) https://www.google.co.in/amp/s/m.economictimes.com/copper-consumption-in-india-has-grown-at-cagr-5-9-in-last-10-years-second-only-to-china/amp_articleshow/55894999.cms
Then the trade war between US and China Happened, and the price of copper falls affecting China largely. (2/n) https://www.hellenicshippingnews.com/copper-falls-to-lowest-since-june-2017-as-trade-war-escalates/amp/
China’s loss is India’s gain. 2017, the Golden year for Indian Copper Industry. India touched a all new high in copper & copper product exports. India recorded a total export of $3481 Million with a 30% growth. (3/n)
Foil Vedanta is a NGO based out of London. They were the ones who initiated the Zambian protests against the plant’s operation in 2014. Indian plant in Tuticorin was never in their list. After India’s rise in copper exports it automatically came in. Chinese paymasters! (4/n)
In January 2018, The London based Foil Vedanta’s men visit Tuticorin and sparked initial protests in front of the plant. In March 2018, Mohan C Lazarus the man who spreads Christianity for money is instigating wide spread protests (5/n)
On March 25th 2018, British Tamils instigated by Foil Vedanta to protest. The Tuticorin protest should get global attention is the intent. https://m.economictimes.com/news/international/world-news/british-tamils-protest-outside-vedanta-chiefs-home-in-london/amp_articleshow/63453701.cms
May 22 and 23rd wide spread protest was orchestrated by Paid Anti National forces In Tuticorin. Playing with the emotions of the people is an art and these Libbies have a master degree in that. Everyone knows how the protest ended with bloodshed and chaos. (6/n)
In September 2018 Chinese president Xi visits Zambia a country which owes $8.7 Billion to Chinese creditors. And Zambia is the epicentre of the Foil Vedanta Protests (7/n) https://thediplomat.com/2018/10/mines-money-mandarin-china-in-zambia/
Then this happened: Zambian government files liquidation order for Vedanta’s Zambian plant in May 2019. China and US have Copper smelting plants. But all eyes on Vedanta only. (8/n) https://www.amm.com/Article/3963504/Vedanta-ZCCM-to-proceed-to-arbitration-court.html
After the protests the plant was shut reducing India’s production output. Metallurgical corporation of China’s investments in Pakistan become the prime beneficiary of export deficit of copper (9/n) https://swarajyamag.com/amp/story/news-brief%2Fpakistan-gains-from-sterlite-plant-closure-in-tns-thoothukudi-its-copper-exports-to-china-surge-400-per-cent
One plant closure and India reduced to an all time low in exports and in an all time in imports. Thanks to the Anti Nationals, Pseudo seculars, Paid Missionaries who were on a free run. End result is importing high import costs. (10/n)
Who cares about Exports and Imports and it’s effect on Economy. It is election time for DMK. And this protest was hijacked by them despite they were the ones who brought the expansion of this plant in Tuticorin. The 2019 Lok Sabha Election’s only talking point - Sterlite (11/n)
Did sterlite really mismanage the plant? “NO” here’s why explains @IamRajii . But facts doesn’t get audience when the public sentiments are otherwise. But who is responsible for misguiding the people? In the name of social workers can anyone get away by doing anything?? (12/n) https://twitter.com/iamrajii/status/1024144033101139968
Thank you @KumarSarangapa1 Sir for your valuable insights!
