Rajasthan Diwas: Vedanta’s Hindustan Zinc and Cairn Oil & Gas Accelerate Rajasthan’s Growth with ₹1 Lakh Crore Investment
As
Rajasthan celebrates Rajasthan Diwas, Vedanta Group reaffirmed its long-term
commitment to the state with an investment of ₹1 lakh crore, building on over
₹1.5 lakh crore already invested across metals, oil & gas, and energy.
Through its flagship businesses Hindustan Zinc Limited (HZL) and Cairn Oil
& Gas, the Group continues to play a pivotal role in shaping Rajasthan’s
economic growth, contributing nearly ₹3 lakh crore to the national and state
exchequers over the past decade, while supporting its emergence as a preferred
destination for industrial expansion.
Vedanta’s
contributions span both resource development and energy security, positioning
Rajasthan as a key driver of India’s growth. Hindustan Zinc contributes nearly
one-third of Rajasthan’s total mining royalty, while Cairn’s operations in the
Barmer-Sanchore Basin have established the region as one of India’s most
strategic onshore energy assets. Cairn’s investments have driven significant
socio-economic transformation in Barmer, with district GDP rising by over 650%.
Together,
these businesses have transformed Rajasthan into a globally competitive hub for
metals and a critical centre for oil & gas production. Since 2002, Hindustan
Zinc has scaled refined metal production to over one million tonnes annually,
with silver output growing nearly twentyfold, making India a net producer of
silver. The company today exports to over 40 countries, placing Rajasthan
firmly within the global clean energy supply chain. Cairn’s flagship
Barmer-Sanchor basin continues to deliver sustained production, reaching 84,276
BOEPD in FY2025, with cumulative output of 781 MMBOE, bolstering India’s
domestic energy capabilities.
Vedanta’s
operations have created a strong and inclusive economic ecosystem across the
state. Together, the Group has generated employment for over 1 lakh people till
date while empowering thousands of livelihoods through its network of
suppliers, contractors, and downstream industries across districts including
Zinc City – Udaipur, Chittorgarh, Bhilwara, Rajsamand, Ajmer, and Barmer. These
districts are home to some of the world’s largest assets including the world’s
largest underground zinc mining operations – Rampura Agucha, the world’s
largest single smelting location – Chanderiya Smelting Complex and Mangala in
Barmer district as India's largest onshore oil production field. Hindustan Zinc
also recently became the first Indian company to join the International Council
on Mining & Metals (ICMM) in 2025.
Speaking
on the occasion, Mr. Anil Agarwal, Chairman, Vedanta Group, said: “Rajasthan is India’s sweet spot when it
comes to natural resources. What lies below its ground…metals, minerals, oil
and gas has the potential to power not just the state, but the entire nation.
Through Hindustan Zinc and Cairn, we have already invested over ₹1.5 lakh crore
in Rajasthan, building world-class capabilities in zinc, silver, and oil &
gas, while contributing significantly to employment and economic growth. But I
believe this is just the beginning. With the right vision and speed, Rajasthan
can become a global hub for natural resources and manufacturing. Our next phase
of investments will focus on doubling production, creating large industrial ecosystems,
and enabling hundreds of downstream industries to grow here. If we unlock this
potential fully, Rajasthan will not only drive India’s resource security but
also create lakhs of jobs and become a defining force in India’s journey
towards self-reliance.”
Looking
ahead, Vedanta is driving the next phase of industrial expansion across
sectors. The development of the Zinc Park, a first-of-its-kind downstream
manufacturing ecosystem, will host around 200 industries, creating a robust
base for MSMEs and value-added manufacturing. At the same time, Cairn continues
to deploy advanced technologies such as enhanced oil recovery (EOR) to sustain
long-term production and unlock additional reserves.
Beyond
business, Vedanta is driving transformative social impact across Rajasthan.
Through the Anil Agarwal Foundation, the Group has established over 25,000 Nand
Ghars to strengthen women and child nutrition and education. Hindustan Zinc has
invested around ₹2,000 crore in community development programmes over the last
decade. Institutions such as Vedanta Girls PG College, Ringas, which has
educated over 50,000 students, and Gurukul Public School and Vedanta School
have together empowered more than 25,000 children. The company is also
advancing inclusion in core operations, with women now working in underground
mines and leading critical functions, while Cairn’s social initiatives have
reached nearly 20 crore people across healthcare, education, sanitation, and
women empowerment.
Rajasthan’s
continued focus on policy stability, faster clearances, and infrastructure
development is enabling large-scale industrial growth. With strong ease of doing
business frameworks and proactive governance, the state is rapidly emerging as
a global hub for natural resources, energy, and manufacturing.
As
Rajasthan marks its foundation day, Vedanta Group reaffirms its commitment to
advancing sustainable operations, strengthening local ecosystems, and enabling
inclusive growth, while working closely with the state to support its next
phase of industrial and socio-economic transformation.