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

latest
N
News18•30-12-2025, 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.
✦
More like this
Loading more articles...





