Can India’s Abundant Gold and Diamond Reserves Propel Economic Growth?
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Synopsis
At the NDTV World Summit 2025, Anil Agarwal, the Chairman of Vedanta Group, highlighted India’s untapped mineral wealth. He emphasized the importance of India's resources in global progress and expressed optimism about the country's youth driving future innovations. Join us as we explore the potential for India's gold and diamond reserves to catalyze economic growth.
Key Takeaways
- India's mining potential is immense and can significantly contribute to economic growth.
- Vedanta meets half of India's silver demand.
- Collaboration among large corporations is essential for national progress.
- The youth of India are eager and ready to take on opportunities.
- India holds the world’s best reserves of gold and diamonds.
New Delhi, Oct 17 (NationPress) The Founder and Chairman of Vedanta Group, Anil Agarwal, remarked on Friday that the world today cannot progress without India's involvement.
During his address at the NDTV World Summit 2025, Agarwal stated, 'I firmly believe that global advancements stem from what is found beneath the surface.'
In a session titled “Building Bharat: Purpose, Profit, Planet,” Agarwal emphasized India's vast potential in mining and natural resources.
“To advance, we must generate our own gas, copper, silver—everything of value is underground,” he elaborated.
He disclosed that Vedanta meets half of India's silver needs and stressed the necessity for larger corporations to unite in a shared objective to elevate India.
The Vedanta chairman also highlighted the prospects available for the nation's youth.
“Our young generation is brimming with opportunities—they are enthusiastic and ready to make their mark. Indian youth are now eager to fulfill their aspirations right here,” he expressed, showcasing his confidence in the energy and ambition of the younger populace.
Agarwal also noted India's extensive reserves of precious resources, declaring, “India holds the world's finest gold and diamond reserves.”
Reflecting on his personal journey, Agarwal recounted his modest beginnings. “I am just a boy from Bihar with a simple dream—to achieve something,” he shared.
“I had never boarded a plane or a double-decker bus; these were mere dreams. Originally from Rajasthan, I later moved to Bihar,” he reminisced.
The NDTV World Summit 2025 is a two-day event, currently in progress, concluding tomorrow (October 18).
Point of View
It is evident that India's geological wealth, particularly in gold and diamonds, not only serves economic interests but also ensures national pride. Anil Agarwal's insights underline the urgent need for collaboration among industries to harness these resources effectively, paving the way for a prosperous future.
NationPress
19/10/2025
Frequently Asked Questions
What did Anil Agarwal say about India's resources?
Anil Agarwal emphasized that India possesses the best reserves of gold and diamonds in the world, and these resources are crucial for driving economic growth.
How does Vedanta contribute to India's silver needs?
Vedanta currently fulfills half of India's silver requirements, showcasing its significant role in the country's mining sector.
What opportunities did Agarwal mention for Indian youth?
Agarwal highlighted that there are numerous opportunities available for India’s youth, encouraging them to pursue their ambitions locally.
What is the NDTV World Summit 2025?
The NDTV World Summit 2025 is a two-day event focused on discussions around purpose, profit, and sustainability in India.
What is Agarwal's background?
Agarwal shared his humble beginnings from Bihar, expressing how he transformed his dreams into reality through hard work and determination.
