Kumar Birla returns to Vodafone Idea as chairman to push a massive turnaround plan

Published on 6 May 2026

A $5 billion spend and debt push could reset Vi fast

Kumar Mangalam Birla has resumed his role as non-executive chairman of Vodafone Idea as the telecom firm attempts a turnaround. With government relief and planned $5 billion capex, Vi is looking to secure debt funding and target sharp growth in revenues and EBITDA, positioning itself for India’s digital future.

Kumar Birla returns as Vodafone Idea non-executive chairman
Government relief supports the turnaround strategy
Vi plans $5 billion in capital expenditure to drive growth
Focus is on debt funding plus revenue and EBITDA uplift

#turnaround #vodafone idea #kumar birla #telecom #debt funding

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Kumar Birla returns to Vodafone Idea as chairman to push a massive turnaround plan

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