Vedanta Chairman Highlights Rajasthan’s Untapped Mineral Potential, Urges Greater Industrial Growth

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.


 

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