Udaipur, March 19: On the occasion of Rajasthan Day, the Vedanta Group reaffirmed its long-term commitment to the state’s development by announcing a new investment of ₹1 lakh crore. This investment will be in addition to the over ₹1.5 lakh crore already invested in the metals, oil, gas, and energy sectors.
The group plays a significant role in Rajasthan’s industrial and economic growth through its key companies, Hindustan Zinc Limited and Cairn Oil & Gas. Over the past decade, Vedanta has contributed approximately ₹3 lakh crore to the national and state exchequers.
Significant Contributions to Resource Development and Energy Security
Vedanta’s investments have positioned Rajasthan as a crucial hub for metals, oil, and gas in the country. Hindustan Zinc contributes nearly one-third of the state’s total mining royalty, while Cairn’s operations in the Barmer-Sanchore basin have made it one of India’s leading onshore energy assets.
Cairn’s investments have led to socio-economic changes in Barmer district, resulting in a GDP growth of over 650%.
Advancing Production and Global Competitiveness
Since 2002, Hindustan Zinc has increased its refined metal production to over 1 million tons annually. During this period, silver production has surged nearly 20-fold, establishing India as a net silver producer.
Today, the company exports silver to over 40 countries, securing Rajasthan’s significant role in the global clean energy supply chain.
Meanwhile, Cairn’s Barmer-Sanchore basin has maintained consistent production, reaching an output of 84,276 barrels of oil equivalent per day (BOEPD) in the fiscal year 2025, with cumulative production recorded at 781 million barrels of oil equivalent (MMBOE).
Expanding Employment and Industrial Ecosystem
Vedanta’s operations have fostered a robust industrial ecosystem in the state, providing employment to over 100,000 individuals. Additionally, thousands of livelihoods have been strengthened through a network of suppliers, contractors, and downstream industries.
This network operates across several districts, including Udaipur, Chittorgarh, Bhilwara, Rajsamand, Ajmer, and Barmer.
Some of the world’s leading industrial units in these areas include:
- Rampura Agucha: The world’s largest underground zinc mine
- Chanderiya Smelting Complex: The largest single smelting center globally
- Mangala Oil Field, Barmer: India’s largest onshore oil production area
Recently, Hindustan Zinc became the first Indian company to join the International Council on Mining and Metals (ICMM).
Rajasthan as a Global Resource and Manufacturing Hub
Vedanta Group Chairman Anil Agarwal stated that Rajasthan is extremely important for India in terms of natural resources.
He noted that over ₹1.5 lakh crore has already been invested in the state through Hindustan Zinc and Cairn, developing world-class capabilities in zinc, silver, and oil and gas.
He expressed confidence that with the right policies and swift action, Rajasthan could become a global center for natural resources and manufacturing.
Focus on Zinc Park and New Technologies
As part of future plans, Vedanta is developing a Zinc Park, which will be the first downstream manufacturing ecosystem of its kind. This initiative is expected to accommodate around 200 industries, promoting MSMEs and value-added manufacturing.
Cairn is also employing modern technologies, such as Enhanced Oil Recovery, to maintain production levels.
Active Role in Social Development
In addition to industrial growth, Vedanta is active in the social sector. Through the Anil Agarwal Foundation, over 25,000 Nand Ghars have been established for the nutrition and education of women and children.
Hindustan Zinc has invested nearly ₹2,000 crore in community development programs over the past decade.
Various educational institutions, including Vedanta Girls PG College (Ringus), have provided education to over 50,000 female students, while Gurukul Public School and Vedanta Schools have offered education and opportunities to more than 25,000 children.
Initiatives for Inclusive Development
The company promotes gender equality in its operations, with women now taking on technical roles in underground mines. Cairn’s social initiatives have benefited over 2 million people in health, education, sanitation, and women’s empowerment.
Favorable Environment for Industrial Development
Policy stability, fast approval processes, and improved infrastructure development in Rajasthan have attracted significant industrial investments. The state’s robust framework for ease of doing business is rapidly establishing it as a global center for natural resources, energy, and manufacturing.
On Rajasthan Day, the Vedanta Group reiterated its commitment to sustainable industrial development, strengthening the local ecosystem, and promoting inclusive growth.
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