Anil Agarwal Calls for Entrepreneurial Role in Natural Resource PSUs

25 Mar 2026 CW Team

Anil Agarwal, Chairman of Vedanta, has highlighted the transformative potential of greater entrepreneurial involvement in India's public sector companies within the natural resources space. In a LinkedIn post, he emphasised the importance of empowering India’s pool of entrepreneurs alongside skilled public-sector talent to strengthen domestic production and reduce the country’s reliance on imports.

Agarwal drew comparisons with India’s agricultural success, where self-sufficiency and surplus production were achieved. He suggested that a similar approach could unlock substantial value in public sector enterprises involved in hydrocarbons, minerals, metals, and fertilisers, leveraging India’s strong geological potential.

Based on research into 24 public sector companies in the natural resources sector, Agarwal highlighted the opportunity to combine the institutional strengths of these companies with entrepreneurial leadership to meet India’s growing resource needs.

He referenced Vedanta’s experience with Hindustan Zinc and Bharat Aluminium Company, where strategic investments, advanced technology, and entrepreneurial execution led to a fivefold increase in employment and a ten- to fifteenfold rise in production. This success also resulted in the creation of over 1,000 downstream industries.

Agarwal wrote, ""Indian entrepreneurs have proven their capabilities in sectors such as telecom, aviation, and steelmaking. With similar efforts in the natural resources sector, India can significantly reduce imports and fulfil the vision of an Atmanirbhar Bharat.""

He further stressed that no retrenchment would occur with such initiatives and noted the challenging nature of raising funding in this sector, though confident that India’s entrepreneurs can overcome these barriers using the country’s valuable resources.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..