Anil Agarwal Urges Resource Self-Reliance To Reduce Import Dependence
ECONOMY & POLICY

Anil Agarwal Urges Resource Self-Reliance To Reduce Import Dependence

Vedanta Limited Chairman Anil Agarwal has called for a mission-driven national effort to accelerate exploration of minerals and hydrocarbons in India, highlighting the need to reduce the country’s dependence on imports and strengthen resource self-reliance.
In a LinkedIn post, Agarwal compared the opportunity in natural resources with India’s agricultural transformation during the Green Revolution. He said a similar “Jan Andolan” is required to unlock the country’s vast below-the-ground potential, supported by India’s rich geology, entrepreneurial ecosystem and young workforce.
Agarwal noted that nearly 50% of India’s imports are linked to below-the-ground resources, resulting in significant outflow of capital and job creation in overseas markets. He said increasing domestic exploration and production could boost employment, industrial growth and long-term economic resilience.
The Vedanta Chairman stressed the need for policy flexibility and innovation-led reforms to encourage wider participation from startups, private companies and industry players. He suggested that exploration should become a national priority and called for a more outcome-oriented approach focused on significantly increasing production.
Agarwal also advocated changes in mining policies, including moving beyond fixed-term mining leases and conventional auction-based systems. He stated that India should adopt globally competitive practices that support long-term resource development while maintaining strict environmental safeguards.
According to Agarwal, advanced technologies, a growing entrepreneurial base and supportive government policies place India in a strong position to rapidly scale exploration activities. He added that a focused push in mineral and hydrocarbon exploration could create substantial livelihood opportunities, particularly for young people, and contribute to transforming India’s economic landscape.

Vedanta Limited Chairman Anil Agarwal has called for a mission-driven national effort to accelerate exploration of minerals and hydrocarbons in India, highlighting the need to reduce the country’s dependence on imports and strengthen resource self-reliance.In a LinkedIn post, Agarwal compared the opportunity in natural resources with India’s agricultural transformation during the Green Revolution. He said a similar “Jan Andolan” is required to unlock the country’s vast below-the-ground potential, supported by India’s rich geology, entrepreneurial ecosystem and young workforce.Agarwal noted that nearly 50% of India’s imports are linked to below-the-ground resources, resulting in significant outflow of capital and job creation in overseas markets. He said increasing domestic exploration and production could boost employment, industrial growth and long-term economic resilience.The Vedanta Chairman stressed the need for policy flexibility and innovation-led reforms to encourage wider participation from startups, private companies and industry players. He suggested that exploration should become a national priority and called for a more outcome-oriented approach focused on significantly increasing production.Agarwal also advocated changes in mining policies, including moving beyond fixed-term mining leases and conventional auction-based systems. He stated that India should adopt globally competitive practices that support long-term resource development while maintaining strict environmental safeguards.According to Agarwal, advanced technologies, a growing entrepreneurial base and supportive government policies place India in a strong position to rapidly scale exploration activities. He added that a focused push in mineral and hydrocarbon exploration could create substantial livelihood opportunities, particularly for young people, and contribute to transforming India’s economic landscape.

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