Debt reduced by Rs 4k crore in FY17, Rs 6.2k crore since April: Vedanta Industry-The Economic Times — June 19, 2017 comments off We have, over the past two years, delivered total cost and marketing savings of about Rs 4,500 crore. We reduced our gross debt by over Rs 4,000 crore during 2016-17, Vedanta Ltd said.