THEBUSINESSBYTES BUREAU

JAIPUR, MARCH 19, 2026

Rajasthan Diwas marked a significant moment for industrial growth as Vedanta Group reaffirmed its long-term commitment to the state with a massive ₹1 lakh crore investment, accelerating Rajasthan’s emergence as a powerhouse in metals, oil & gas, and energy. This fresh infusion builds on more than ₹1.5 lakh crore already invested through its flagship companies Hindustan Zinc Limited and Cairn Oil & Gas, which have together contributed nearly ₹3 lakh crore to national and state exchequers over the past decade.

The Group’s presence has been instrumental in shaping Rajasthan into a globally competitive industrial hub. Hindustan Zinc alone contributes nearly one-third of the state’s total mining royalty, while Cairn’s operations in the Barmer-Sanchore Basin have transformed the region into one of India’s most strategic onshore energy assets, with Barmer district witnessing a remarkable GDP surge of over 650%. These developments underscore Rajasthan’s growing importance in India’s resource and energy security landscape.

From scaling refined metal production to over one million tonnes annually since 2002 to boosting silver output nearly twentyfold, Hindustan Zinc has positioned India as a net silver producer while exporting to over 40 countries. Meanwhile, Cairn’s flagship basin continues to deliver robust output, reaching 84,276 barrels of oil equivalent per day in FY2025 and a cumulative production of 781 MMBOE, strengthening domestic energy capabilities.

Vedanta’s industrial footprint spans districts such as Udaipur, Chittorgarh, Bhilwara, Rajsamand, Ajmer, and Barmer, supporting over one lakh jobs and thousands more livelihoods through a vast ecosystem of suppliers and downstream industries. The state hosts globally significant assets including the Rampura Agucha mine, the Chanderiya Smelting Complex, and the Mangala oil field, reinforcing Rajasthan’s status as a critical node in global supply chains. Notably, Hindustan Zinc also became the first Indian company to join the International Council on Mining & Metals in 2025.

Speaking on the occasion, Anil Agarwal, Chairman, Vedanta Group, said: “Rajasthan is India’s sweet spot when it comes to natural resources. What lies below its ground…metals, minerals, oil and gas has the potential to power not just the state, but the entire nation. Through Hindustan Zinc and Cairn, we have already invested over ₹1.5 lakh crore in Rajasthan, building world-class capabilities in zinc, silver, and oil & gas, while contributing significantly to employment and economic growth. But I believe this is just the beginning. With the right vision and speed, Rajasthan can become a global hub for natural resources and manufacturing. Our next phase of investments will focus on doubling production, creating large industrial Sensitivity: Public (C4) ecosystems, and enabling hundreds of downstream industries to grow here. If we unlock this potential fully, Rajasthan will not only drive India’s resource security but also create lakhs of jobs and become a defining force in India’s journey towards self-reliance.”

Looking ahead, Vedanta is spearheading the development of a first-of-its-kind Zinc Park, envisioned to host around 200 industries and create a thriving ecosystem for MSMEs and value-added manufacturing. Simultaneously, Cairn continues to deploy advanced technologies such as enhanced oil recovery to sustain long-term production and unlock additional reserves.

Beyond industrial growth, Vedanta’s social impact initiatives are transforming communities across Rajasthan. Through the Anil Agarwal Foundation, over 25,000 Nand Ghars have been established to support women and child nutrition and education. Hindustan Zinc has invested around ₹2,000 crore in community development over the last decade, while educational institutions like Vedanta Girls PG College, Ringas, Gurukul Public School, and Vedanta School have empowered tens of thousands of students. The company is also driving gender inclusion, with women now working in underground mining and leading key operational roles, while Cairn’s outreach programmes have impacted nearly 20 crore people nationwide.

With strong policy support, faster clearances, and a robust ease-of-doing-business framework, Rajasthan is rapidly positioning itself as a global hub for natural resources, energy, and manufacturing. As the state celebrates its foundation day, Vedanta’s renewed investment commitment signals a powerful partnership aimed at driving sustainable industrial expansion, strengthening local ecosystems, and enabling inclusive growth for the future.