Vedanta Chairman Calls for Faster Industrial Growth in Rajasthan

Vedanta Chairman Anil Agarwal, in a recent social media post, emphasized the need to accelerate industrial development in Rajasthan to tap its vast mineral wealth and boost economic growth.

Highlighting GDP comparisons, he pointed out that despite being rich in natural resources, Rajasthan lags behind industrialized states like Gujarat, Karnataka, and Tamil Nadu—each with GDPs exceeding $300 billion. With Rajasthan targeting a $350 billion economy by 2030, its current GDP of $196 billion underscores the need for urgent action.

Vedanta Chairman said, “The land of Rajasthan holds immense wealth below the ground — oil & gas, stone, copper, silver, gold, zinc, potash, rock phosphate — elements that can power a new wave of prosperity for the state.”

The state is endowed with some of the richest and widest ranges of natural resource reserves in the country. He further added, “If we fully harness this natural treasure, Rajasthan’s GDP and revenues can skyrocket, countless new jobs can be created, and widespread prosperity can follow. What’s clearly needed is the establishment of thousands of manufacturing units to tap into this vast underground potential and transform minerals into value-added products.” Additionally, he also hailed Rajasthan as an entrepreneurial hub and wrote, “Some of India’s greatest entrepreneurs hail from Rajasthan. Their business acumen has made a mark across the globe.

Agarwal emphasized this in his tweet, saying "The state also has the highest potential in renewable energy and oil and gas. This powerful combination of resources and energy can propel Rajasthan to India's number one state.”

Vedanta Group, through Hindustan Zinc Limited and Cairn Oil & Gas (HZL), has been a key player in harnessing this mineral wealth sustainably. Vedanta’s extensive operations across Rajasthan, have made the state a global hub for zinc, silver and oil & gas production.

Calling Rajasthan his ‘karmabhoomi’, Agarwal reiterated, “Vedanta is fully committed to support Rajasthan and its leadership to achieve new heights for this amazing state.”