**Major Investments Across Sectors**
London | Udaipur, Vedanta has announced investments exceeding Rs 1 lakh crore in Rajasthan during the Rising Rajasthan Roadshow in the UK, led by Chief Minister Bhajan Lal Sharma. The group’s investments will span across zinc, oil and gas, and renewable energy, supporting Rajasthan's vision of becoming a US$350 billion economy by 2030. This initiative is expected to create over 2 lakh jobs and boost over 500 downstream industries, contributing to import substitution and the state's industrial growth.
**Expansion of Hindustan Zinc and New Industrial Park**
Hindustan Zinc will invest Rs 30,000 crores to double its zinc production from 1.2 MTPA to 2 MTPA, while increasing silver output from 800 tons to 2,000 tons. A 1 MTPA fertilizer plant will also be established. Additionally, Vedanta plans to develop a non-profit industrial park in Udaipur for small and medium-scale industries with investments starting from Rs 5 crores, encouraging the development of downstream industries linked to zinc and silver applications in various sectors.
**Cairn Oil and Gas, Serentica Renewables Set to Boost Energy Sector**
Cairn Oil and Gas will invest Rs 35,000 crores to increase production capacity to 3 lakh barrels per day. Serentica Renewables is set to invest Rs 50,000 crores in establishing 10,000 MW of renewable energy capacity, supporting Vedanta’s industrial projects and driving Rajasthan’s green energy transition.
**Focus on Religious Tourism Development**
Discussions during the roadshow also addressed Govardhan development and the Krishna Bhoomi Vikas project, aimed at enhancing pilgrimage sites such as Poonchhari Ka Lautha. Vedanta will play a role in these developments, strengthening the state's cultural tourism infrastructure.
**CM Bhajan Lal Sharma’s Commitment to Growth**
Rajasthan’s Chief Minister Bhajan Lal Sharma emphasized the state’s commitment to the Hon’ble Prime Minister’s vision of a *Viksit Bharat* by 2047, inviting global investors to partner with Rajasthan. The Chief Minister highlighted the state's pro-business policies and expressed gratitude to Vedanta Chairman Anil Agarwal for doubling the group’s investments in Rajasthan.
**Vedanta Chairman’s Vision for Rajasthan**
Anil Agarwal, Chairman of Vedanta Ltd., acknowledged Rajasthan’s wealth of critical minerals, hydrocarbons, and renewable energy potential. He announced that Hindustan Zinc and Cairn Oil and Gas will spearhead exploration and production activities, contributing to long-term growth for the state. With this commitment, Vedanta aims to support Rajasthan's journey toward becoming a global hub for metals, minerals, oil and gas, and green energy innovation.
**Vedanta’s Role in Rajasthan’s Development**
This investment reinforces Vedanta’s position as a key player in Rajasthan’s development, contributing to the state's transformation into a leading center for industrial innovation and sustainable growth.
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