Vedanta plans over Rs 1 lakh cr investment in Rajasthan

22 Oct 2024 CW Team

Vedanta has announced plans to invest over Rs 1 lakh crore in Rajasthan across various business sectors, including zinc and oil and gas. Hindustan Zinc, a Vedanta group company, will allocate Rs 30,000 crore to double its zinc production capacity from 1.2 million tonnes per annum (MTPA) to 2 MTPA, increase silver output from 800 tonnes to 2,000 tonnes, and establish a one MTPA fertilizer plant.

Cairn Oil & Gas, another subsidiary of Vedanta Ltd, is set to invest Rs 35,000 crore to boost its capacity to 300,000 barrels per day. Additionally, Serentica Renewables, part of the Vedanta Group, plans to invest Rs 50,000 crore to develop 10,000 MW of renewable power capacity, supporting energy transition and adhering to high environmental standards.

Vedanta also announced the creation of a non-profit industrial park around Udaipur to support small and medium enterprises, with investments starting at Rs 5 crore.

The announcement was made during the Rising Rajasthan Roadshow in the UK, led by Rajasthan Chief Minister Bhajan Lal Sharma, who met with Vedanta Chairman Anil Agarwal to discuss these significant investments. This initiative is expected to create over 200,000 jobs and develop more than 500 downstream industries, supporting import substitution.

Agarwal highlighted Rajasthan's rich resources, including hydrocarbons and critical minerals like zinc, lead, silver, and gold, and expressed commitment to working with the state government to enhance economic development and quality of life in the region.

To date, Vedanta has invested over Rs 1.5 lakh crore in Rajasthan, with Hindustan Zinc Ltd and Cairn Oil & Gas operating their largest facilities in the state.

Infrastructure Urban

03 Nov 2025

Vice-President Backs Global Unity at IN-STEP 2025

Vice-President of India, Shri C. P. Radhakrishnan, addressed delegates at the 3rd edition of the International Strategic Engagement Programme (IN-STEP) held at the Vice-President’s Enclave in New Delhi. IN-STEP serves as a key dialogue platform for senior national security officers from India and friendly foreign nations. The current edition hosts 44 delegates, including 32 international participants representing 24 Global South countries. Commending the joint efforts of the National Defence College, National Security Council Secretariat, Ministry of External Affairs, and Ministry of Defen..

India to Host Global Maritime Events in Visakhapatnam

India will host three major international maritime events in February 2026 at Visakhapatnam — the International Fleet Review (IFR) 2026, Exercise MILAN 2026, and the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs. Scheduled from 15 to 25 February 2026, this marks the first time India will conduct all three significant maritime gatherings simultaneously. The events embody Prime Minister Shri Narendra Modi’s MAHASAGAR vision — Mutual and Holistic Advancement for Security and Growth Across Regions — announced in 2025. The MAHASAGAR framework extends India’s SAGAR (Security and ..

Heavy Industries Ministry Frees 4.4 Million Sq Ft Under SCDPM 5.0

Inspired by the Prime Minister’s vision to institutionalise Swachhata and clear long-pending matters, the Ministry of Heavy Industries (MHI), along with its Central Public Sector Enterprises (CPSEs) and Autonomous Bodies (ABs), actively participated in the fifth consecutive year of the Special Campaign for Disposal of Pending Matters (SCDPM) 5.0, held from 2 to 31 October 2025. Throughout the campaign, MHI worked closely with the Department of Administrative Reforms and Public Grievances, reporting daily progress on a dedicated monitoring portal. Shri Bhupathi Raju Srinivasa Varma, Minister..