Vedanta chairman meets Rajasthan CM
ECONOMY & POLICY

Vedanta chairman meets Rajasthan CM

Vedanta Group Chairman Anil Agarwal met with Chief Minister Bhajanlal Sharma on Sunday to discuss the state's plans and outlook for the natural resources sector. Vedanta has invested over Rs 1.50 trillion in Rajasthan, where its key businesses, Hindustan Zinc Limited and Cairn Oil & Gas, have their largest operations. Hindustan Zinc Limited is the world's second-largest integrated zinc producer. Agarwal reportedly stated that the discussions with Chief Minister Sharma were highly productive, highlighting the government's vision for the state's growth focused on transparency, efficiency, and attracting global investors. He mentioned that their talks covered the state's plans for the natural resources sector, including metals, minerals, and oil and gas, which are crucial for creating large-scale employment opportunities and contributing to the state's economic growth and nation-building. Agarwal also noted that under his leadership and their long-standing partnership, the government's emphasis on mineral exploration, value addition, research and development, and innovation would lead to a significant chapter in the state's legacy. The company indicated that under Vedanta's leadership, Hindustan Zinc's market capitalization has increased more than 400 times since its disinvestment in 2002, growing from about $100 million to about $34 billion. Cairn Oil & Gas, another part of the Vedanta Group, contributes 25% of the country's domestic crude production, with a significant portion coming from its operations in Barmer, Rajasthan.

Vedanta Group Chairman Anil Agarwal met with Chief Minister Bhajanlal Sharma on Sunday to discuss the state's plans and outlook for the natural resources sector. Vedanta has invested over Rs 1.50 trillion in Rajasthan, where its key businesses, Hindustan Zinc Limited and Cairn Oil & Gas, have their largest operations. Hindustan Zinc Limited is the world's second-largest integrated zinc producer. Agarwal reportedly stated that the discussions with Chief Minister Sharma were highly productive, highlighting the government's vision for the state's growth focused on transparency, efficiency, and attracting global investors. He mentioned that their talks covered the state's plans for the natural resources sector, including metals, minerals, and oil and gas, which are crucial for creating large-scale employment opportunities and contributing to the state's economic growth and nation-building. Agarwal also noted that under his leadership and their long-standing partnership, the government's emphasis on mineral exploration, value addition, research and development, and innovation would lead to a significant chapter in the state's legacy. The company indicated that under Vedanta's leadership, Hindustan Zinc's market capitalization has increased more than 400 times since its disinvestment in 2002, growing from about $100 million to about $34 billion. Cairn Oil & Gas, another part of the Vedanta Group, contributes 25% of the country's domestic crude production, with a significant portion coming from its operations in Barmer, Rajasthan.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?