India’s major exporter of iron ore, Sesa Goa has announced its plans to pump Rs 4 billion in the coming two fiscals, for the construction of mines and infrastructure. The company is also keeping its investment plans intact.

According to the sources, the conglomerate also intends to exploit the fall in prices of mining assets and acquire iron ore mines in India and abroad.

The sources further revealed that the company is also confident about it’s 30 percent growth target for output in the current financial fiscal .year.
Stock of Sesa Goa, ended at Rs 77, down 4.68 percent on National Stock Exchange (NSE).