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News1830-12-2025, 17:50

Anil Agarwal's Bold Plan: India to End Gold, Copper Import Dependence

  • India imports 99.9% of its gold and 95% of its copper, despite being a historical 'golden bird'.
  • Vedanta Chairman Anil Agarwal proposes a plan for self-reliance by maximizing production from existing, underutilized mining assets.
  • The plan emphasizes private participation, investment, technology, and skill development to boost gold and copper output.
  • For gold, focus is on new mine discoveries (e.g., Jonagiri project in Andhra Pradesh), processing, and addressing challenges like closed mines.
  • For copper, targets include tripling production by 2030, restarting plants like Sterlite in Thoothukudi, and upgrading Rakha Copper Mines in Jharkhand to eliminate import dependence by 2047.

Why It Matters: Anil Agarwal outlines a strategic plan for India to achieve self-reliance in gold and copper production.

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