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Anil Agarwal: India Must Unlock Natural Resources for Self-Reliance Amidst Global Crises
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News18•10-03-2026, 18:48
Anil Agarwal: India Must Unlock Natural Resources for Self-Reliance Amidst Global Crises
•Vedanta Chairman Anil Agarwal urges India to harness its natural resources for energy and mineral self-reliance, citing global supply chain disruptions from geopolitical conflicts.
•Agarwal highlights India's high import dependence (90% oil, 95% copper, 99.5% gold) despite abundant natural wealth, stressing the need to reduce it.
•He showcases Vedanta's success in boosting production and contributing ₹4.5 lakh crore to the national exchequer, advocating for more private enterprise in the sector.
•Agarwal calls for policy reforms, simpler regulations, and a change in regulatory mindset to foster business growth and prevent missed opportunities like the Rio Tinto diamond project.
•Inspired by PM Narendra Modi, Agarwal emphasizes that wealth from natural resources should serve society, create jobs, empower women, and contribute to nation-building.