Vedanta Eyes $1 Trillion Metals, Minerals Opportunity

15 Jul 2024 CW Team

Vedanta Resources Chairman Anil Agarwal has spotlighted a significant $1 trillion opportunity in the metals and minerals sector, positioning the company to capitalise on this lucrative market. During a recent industry event, Agarwal emphasised the immense potential for growth and development in this sector, driven by increasing demand for raw materials essential for various industries.

Agarwal outlined Vedanta's strategic plans to harness this opportunity by expanding its production capacities and enhancing operational efficiencies. He noted that the global push towards renewable energy, electric vehicles, and infrastructure development is fueling demand for metals and minerals, creating a robust market landscape for companies like Vedanta.

Vedanta aims to strengthen its presence in key markets by investing in advanced technologies and sustainable practices. The company plans to boost its output of essential minerals such as zinc, copper, and aluminium, which are critical for numerous applications, including construction, manufacturing, and technology sectors. Agarwal also highlighted Vedanta's commitment to environmental sustainability and responsible mining practices, ensuring that growth does not come at the expense of ecological balance.

Moreover, Agarwal pointed out that the Indian government?s supportive policies and initiatives are paving the way for substantial investments in the mining sector. These policies are expected to facilitate easier access to resources, streamline regulatory processes, and attract foreign investments, further bolstering the industry's growth prospects.

Vedanta's strategic focus on tapping into the $1 trillion opportunity in metals and minerals aligns with its long-term vision of becoming a global leader in the sector. By leveraging market trends and adopting sustainable practices, Vedanta is well-positioned to achieve significant growth and contribute to broader economic development.

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..