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Vedanta's Agarwal urges India to boost domestic mining to reduce reliance on costly, risky imports amid West Asia tensions.
Vedanta Group Chairman Anil Agarwal has urged India to prioritize domestic mining amid rising West Asia tensions, warning that heavy reliance on imported oil, gas, and gold—accounting for nearly 30% of imports and costing $176–241 billion annually—exposes the economy to global risks.
He called for deregulating the sector by eliminating lengthy public hearings, adopting self-certification for environmental clearances, and divesting at least 50% of government mining assets to proven private operators to boost production, create jobs, and promote self-reliance.
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Agarwal de Vedanta insta a la India a impulsar la minería doméstica para reducir la dependencia de las costosas y arriesgadas importaciones en medio de las tensiones en Asia Occidental.