ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Rajasthan's abundant natural resources holds key to significant economic growth: Vedanta Chairman Anil Agarwal

Rajasthan's abundant natural resources hold the key to significant economic and industrial growth, said Vedanta Group Chairman Anil Agarwal at the ongoing 'Rising Rajasthan Summit.'

ANI Dec 09, 2024 12:56 IST googleads

Vedanta Group Chairman Anil Agarwal at the ongoing ‘Rising Rajasthan Summit (Photo/ANI)

Jaipur (Rajasthan) [India], December 9 (ANI): Vedanta Group Chairman Anil Agarwal on Monday said that Rajasthan's abundant natural resources holds the key to significant economic and natural resources. Anil Agarwal was addressing the 'Rising Rajasthan Summit.'
The three-day event, being held in Jaipur from December 9 to December 11, aims to attract global investors to the state and showcase its immense potential.
Highlighting Rajasthan's unique position, Agarwal said, "Rajasthan is a unique and resourceful state. While agriculture brings prosperity to its surface, exploration beneath the ground has the potential to multiply this wealth significantly. Rajasthan is rich in natural resources, offering immense opportunities for growth."
He also elaborated on the state's rich mineral wealth, citing resources such as oil, gas, potash, rock phosphate, lead, zinc, and silver. These resources, he noted, provide Rajasthan with a strong foundation for industrial and economic development.
He said "The state is abundant in resources like oil, gas, potash, rock phosphate, lead, zinc, and silver, further enhancing its potential for industrial and economic development".
Agarwal also emphasized the role of underground resources in global economic success, stating, "Globally, successful nations have thrived largely due to their underground resources."
He pointed out that Rajasthan boasts three times more reserves of decorative stones than Italy, presenting a huge opportunity for industries like construction and exports.
Additionally, the Vedanta Chairman highlighted Rajasthan's geographical advantage, being a neighbor to Gujarat, one of India's most industrialized states. He noted that this proximity could open doors for collaborations, investments, and infrastructure development.
The Rising Rajasthan Summit has drawn attention to the state's potential as a leading destination for investment, with its natural resources being a key driver of its future growth trajectory.
The Rising Rajasthan Global Investment Summit 2024, taking place from December 9 to 11, has attracted global investors, industry leaders, and policymakers.
The event, graced by Prime Minister Narendra Modi and other dignitaries, is a platform to showcase Rajasthan's progress in development, innovation, and industrial growth.
Rajasthan Chief Minister Bhajanlal Sharma, attributed this trust to the state's updated policy framework, including the launch of nine new policies on December 4 to enhance the business ecosystem. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.