Vedanta Commits ₹1 Lakh Crore to Boost Rajasthan Growth

by

Ganpat Singh Chouhan

Rajasthan Growth

Udaipur, March 20, 2026 (Daily Kiran): On the occasion of Rajasthan Day, Vedanta Group reaffirmed its long-term commitment to the state with an investment of ₹1 lakh crore. This comes in addition to over ₹1.5 lakh crore already invested across metals, oil and gas, and energy sectors through its key businesses Hindustan Zinc Limited and Cairn Oil & Gas.

Rajasthan Growth

Over the past decade, the group has contributed nearly ₹3 lakh crore to the national and state exchequer, playing a significant role in shaping Rajasthan’s economic growth and positioning it as a major industrial hub. Hindustan Zinc contributes nearly one-third of the state’s total mining royalty, while Cairn’s operations in the Barmer-Sanchore basin have established it as one of India’s most strategic onshore energy assets. Investments by Cairn have driven socio-economic transformation in Barmer, with the district’s GDP witnessing growth of over 650 percent.

Hindustan Zinc has increased refined metal production to over one million tonnes annually since 2002, while silver production has grown nearly twenty times, making India a net exporter of silver. The company now exports silver to more than 40 countries, strengthening Rajasthan’s role in the global clean energy supply chain.

Cairn’s Barmer-Sanchore basin continues to maintain steady production. In FY2025, production reached 84,276 BOEPD, with cumulative output of 781 MMBOE, further strengthening India’s domestic energy capabilities.

Vedanta’s operations have created a strong and inclusive economic ecosystem across the state, generating employment for over one lakh people and supporting thousands more through suppliers, contractors and downstream industries. Key operational districts include Udaipur, Chittorgarh, Bhilwara, Rajsamand, Ajmer and Barmer, housing some of the world’s largest assets such as Rampura Agucha, the largest underground zinc mining operation, Chanderiya Smelting Complex, the world’s largest single smelting centre, and Mangala, India’s largest onshore oil field.

Hindustan Zinc also became the first Indian company to join the International Council on Mining and Metals in 2025.

Vedanta Group Chairman Anil Agarwal said Rajasthan holds immense potential in natural resources, including metals, minerals, oil and gas, which can power not just the state but the entire country. He added that the next phase of investment will focus on doubling production, building large industrial ecosystems and enabling hundreds of downstream industries, positioning Rajasthan as a global hub for natural resources and manufacturing.

Looking ahead, Vedanta is driving the next phase of industrial expansion across sectors. The proposed Zinc Park, a first-of-its-kind downstream manufacturing ecosystem, is expected to house around 200 industries, strengthening MSMEs and value-added manufacturing. Cairn continues to deploy advanced technologies such as enhanced oil recovery to sustain long-term production and unlock additional reserves.

Alongside industrial growth, the group is also contributing to social development in Rajasthan. Through the Anil Agarwal Foundation, over 25,000 Nand Ghars have been established to support nutrition and education for women and children. Hindustan Zinc has invested around ₹2,000 crore in community development initiatives over the past decade. Educational institutions such as Vedanta Girls PG College, Ringas, Gurukul Public School and Vedanta Schools have collectively empowered thousands of students.

The company is also promoting inclusion within its core operations, with women now working in underground mining roles and taking up critical responsibilities. Cairn’s social initiatives in healthcare, education, sanitation and women empowerment have benefited nearly 20 crore people.

Rajasthan’s policy stability, faster approvals and focus on infrastructure development continue to enable large-scale industrial growth. With strong ease of doing business frameworks and proactive governance, the state is rapidly emerging as a global hub for natural resources, energy and manufacturing.

On Rajasthan Day, Vedanta Group reiterated its commitment to sustainable operations, strengthening local ecosystems and enabling inclusive growth, while continuing to partner with the state in its next phase of industrial and socio-economic transformation.

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