Udaipur, 21st April 2025: In a compelling message posted on social media, Vedanta Chairman Mr. Anil Agarwal highlighted the vast untapped mineral wealth of Rajasthan and the need for accelerating industrial development to further unlock the state’s economic potential. Drawing attention to GDP data, he noted that Rajasthan despite being richly endowed with natural resources, trails behind states like Gujarat, Karnataka, and Tamil Nadu, all of which have GDPs exceeding $300 billion.
This comes at a time when Rajasthan is charting its path towards a US$ 350 billion economy by 2030. With a GDP of $196 billion, Rajasthan lags behind its industrial peers, as shown in recent projections. In his social media post, 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.
Mr. 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’, Mr. Agarwal reiterated, “Vedanta is fully committed to support Rajasthan and its leadership to achieve new heights for this amazing state.”
About Hindustan Zinc Limited
Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s largest integrated zinc producer and the third-largest silver producer. The company supplies to more than 40 countries and holds a market share of about 75% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the metals and mining category for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024, reflecting its operational excellence, innovation, and leading ESG practices. The company also launched EcoZen, Asia’s first low carbon ‘green’ zinc brand. Produced using renewable energy, EcoZen has a carbon footprint of less than 1 tonne of carbon equivalent per tonne of zinc produced, about 75% lower than the global average. Hindustan Zinc is also a certified 2.41 times Water-Positive company and is committed to achieving Net Zero emissions by 2050 or sooner. Transforming the lives of 1.9 million people through its focused social welfare initiatives, Hindustan Zinc is among the Top 10 CSR companies in India. As an energy transition metals company, Hindustan Zinc is pivotal in providing critical metals essential for a sustainable future.
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