Vedanta Chairman Anil Agarwal Calls Rajasthan “India’s Next Industrial Powerhouse”
State’s Rich Mineral Reserves and Renewable Energy Potential Can Propel $350 Billion Economy Goal, Says Agarwal
JAIPUR, April 21, 2025 — In a visionary appeal posted on social media, Vedanta Group Chairman Anil Agarwal has hailed Rajasthan as a sleeping giant poised to become India’s next industrial powerhouse, urging accelerated industrialization to fully unlock the state’s economic potential.
Agarwal pointed to the vast untapped mineral wealth beneath Rajasthan’s surface—including oil and gas, copper, silver, gold, zinc, potash, and rock phosphate—as a catalyst for transformative growth. Despite being home to such resources, Rajasthan’s GDP of $196 billion trails behind industrialized states like Gujarat, Karnataka, and Tamil Nadu, each exceeding $300 billion in economic output.
A Call to Industrial Action
“The land of Rajasthan holds immense wealth below the ground,” Agarwal stated, emphasizing that the time is ripe for the state to leap forward through strategic investments in value-added manufacturing units. “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.”
He stressed the need to build thousands of manufacturing facilities to process these resources domestically, boosting local employment, increasing exports, and fostering sustainable development.
Combining Natural Wealth with Energy Innovation
Agarwal also highlighted Rajasthan’s unmatched renewable energy potential, particularly in solar and wind energy, combined with its robust oil and gas reserves. “This powerful combination of resources and energy can propel Rajasthan to become India’s number one state,” he said, positioning the state as a future leader in the green energy and resource economy.
He praised the entrepreneurial spirit of Rajasthan’s people, calling them “some of India’s greatest entrepreneurs” whose influence spans global business landscapes.
Vedanta’s Commitment to Rajasthan
Vedanta, through its subsidiaries Hindustan Zinc Limited and Cairn Oil & Gas, remains a key player in Rajasthan’s industrial journey. Its large-scale operations have already made the state a global leader in zinc, silver, and hydrocarbon production.
Calling Rajasthan his “karmabhoomi” (land of duty), Agarwal reaffirmed Vedanta’s commitment to supporting the state’s leadership in achieving its $350 billion GDP target by 2030. “Vedanta is fully committed to supporting Rajasthan and its leadership to achieve new heights for this amazing state,” he wrote.
As Rajasthan continues to chart its growth path, Agarwal’s message serves as both a blueprint and a rallying cry to turn natural wealth into sustainable prosperity.
