THEBUSINESSBYTES BUREAU
NEW DELHI, AUGUST 17, 2026
Vedanta Group Chairman Anil Agarwal on Saturday pledged to
help India achieve greater freedom from import dependence in minerals, metals
and hydrocarbons, saying the conglomerate is ready to pursue the goal with
“greater focus, agility and speed” following its landmark demerger.
“On Bharat's 80th
Independence Day, we reiterate our pledge to help our country achieve freedom
from import dependence in minerals, metals and hydrocarbons. After our recent
demerger, I believe we are ready to pursue this goal with greater focus,
agility and speed,” Agarwal said.
The commitment came as Vedanta’s six independently listed
companies came together on the occasion of India’s 80th Independence Day to
reaffirm their vision of producing for ‘Desh ki Zarooraton ke Liye’ (for the
needs of the country), with a focus on strengthening domestic production of
natural resources, energy, metals and critical minerals.
The pledge, aligned with this year’s Independence Day theme
of “Honouring Freedom, Inspiring the Future”, marks Vedanta’s first
Independence Day following its demerger and brings Vedanta Limited, Vedanta
Aluminium Metal Limited, Vedanta Oil & Gas Limited, Vedanta Iron &
Steel Limited, Vedanta Power and Hindustan Zinc around a common nation-building
ambition.
Agarwal has consistently emphasised the need for a “green
revolution below the ground” to unlock India’s mineral and hydrocarbon
potential, boost domestic production and reduce the country’s reliance on
imports. With India’s rapid economic expansion driving demand for energy,
metals, minerals and industrial materials, greater domestic resource
availability assumes increasing importance amid global price volatility and
potential supply-chain disruptions.
Vedanta said its Independence Day pledge is centred on
strengthening domestic production and converting India’s natural-resource
potential into greater economic and strategic resilience.
Under the pledge, the group has outlined three broad
priorities — ‘Vikas’ or Transform, ‘Vishwas’ or Trust, and ‘Vijay’ or Triumph.
It seeks to transform India’s abundant natural resources into opportunity,
innovation and progress by producing the metals, minerals and energy needed to
power the country’s growth.
The group also pledged to uphold the trust of its people,
communities, customers and the nation by growing responsibly and creating
shared value, while adopting an ambition to “Think bigger. Build bigger.
Compete with the world.”
The demerger has given the six businesses a sharper sectoral
focus, with each company pursuing growth plans in areas considered central to
India’s resource security and industrial development.
Vedanta Aluminium, described as India’s largest aluminium
producer and the world’s third-largest excluding China, plans to double its
capacity to 60 lakh tonnes per annum as it seeks to become the world’s largest
and lowest-cost fully integrated aluminium producer.
Vedanta Oil & Gas has set a long-term ambition of scaling
production to 500,000 barrels per day and unlocking India’s hydrocarbon
potential, while Vedanta Iron & Steel, backed by nearly 4 billion tonnes of
iron ore resources and approximately 800 KTPA of metallurgical coke capacity,
has a roadmap to scale up to 15 MTPA.
Vedanta Power, with 4.2 GW of operational capacity, has a
long-term vision to scale towards 20 GW to support India’s industrial and
digital growth. It is also evaluating opportunities in nuclear energy,
recognising its potential as a clean and reliable 24x7 power source.
Vedanta Limited, anchored by Hindustan Zinc and with a
portfolio spanning zinc, silver, copper, nickel, ferroalloys and other
strategic minerals, is focused on strengthening India’s domestic mineral and critical-resource
ecosystem.
Together, the six companies are seeking to expand domestic capacity, encourage exploration, strengthen value chains and create greater economic value from resources available within India.
As India moves from 80 years of freedom towards the centenary of Independence in 2047, Vedanta said greater resource self-reliance would be an important pillar of the country’s economic independence.