In a compelling message
posted on social media, Vedanta Chairman
Mr. Anil Agarwal highlighted the vast untapped mineral wealth of Rajasthan
and the need for accelerating industrial development to further unlock the
state’s economic potential. Drawing attention to GDP data, he noted why Rajasthan,
despite being richly endowed with natural resources, trails behind states like
Gujarat, Karnataka, and Tamil Nadu, all of which have GDPs exceeding $300
billion.
This comes at a time when
Rajasthan is charting its path towards a US$ 350 billion economy by 2030. With
a GDP of $196 billion, Rajasthan lags behind its industrial peers, as shown in
recent projections. Yet, it holds some of the richest natural resource reserves
in the country like oil, gas, copper, zinc, silver, gold, potash, and rock phosphate.
Unlocking the full potential of these resources will contribute to the state's
prosperity thereby creating massive opportunity for employment generation,
revenue growth, and industrial expansion. Additionally, Rajasthan's growing
strength in renewable energy further positions it as a future-ready state with
the potential to lead India’s economic transformation.
Mr.
Agarwal emphasized this in his tweet, saying "By fully
utilizing the natural treasures hidden beneath the earth, there can be an
unprecedented surge in GDP and revenue, new avenues of employment can open up
for people, and prosperity can increase. There is no doubt that in this way,
Rajasthan can attain the status of the 'Number One State'."
Vedanta Group, through
Hindustan Zinc Limited and Cairn Oil & Gas (HZL), has been a key player in
harnessing this mineral wealth responsibly and sustainably. Vedanta’s extensive
operations across Rajasthan, have made the state a global hub for zinc, silver
and oil & gas production.
Calling Rajasthan his ‘karmabhoomi’, Mr. Agarwal reiterated, Vedanta is fully committed to working shoulder-to-shoulder with the Rajasthan government in realizing the state’s full potential.