Vedanta partners with the Indian Government to showcase India’s Growth potential at Dubai Expo 2020
Celebrating the spirit of 75th year of Independence
Dubai, September 27, 2021: Vedanta Resources, one of the world’s leading diversified natural resources companies in India announced its partnership with the Indian government to showcase India’s growth potential while celebrating India’s 75th year of Independence at the India pavilion in Dubai Expo 2020. The six-month long celebration commences on the 1st of October 2021 at Dubai.
India is at the cusp of economic transformation and Prime Minister,Narendra Modi has set a vision that, in the coming years, the nation will grow from a USD 2.6 trillion to a USD 5 trillion economy and then eventually become a USD 10 trillion. The India Pavilion at Expo 2020 Dubai will showcase the resurgent India marching to becoming a USD 5 trillion economy.
The real focus will be on harnessing the trade links between India and UAE by reinforcing economic visions and complementing human resources to enhance the robust and promising partnership between India and the UAE.
Vedanta, part of the India pavilion at Dubai Expo, will leverage its participation to communicate India’s economic transformation under the vision of the Prime Minister with the nation set to grow to a US$ 5 trillion economy by 2025 from the current US$2.6 trillion, reaching to US$ 10 trillion by 2030.
Commenting on the partnership with Indian Government and one of the first investors in the India pavilion at Dubai Expo 2020, Mr. Anil Agarwal, Founder and Chairman, Vedanta stated, “My message is to invest in India. The time is now. The next 25 years, India will be the growth engine of the global economy, like China was in previous decades. Not only is India a large market, but also has tremendous human resource capital. Prime Minister Modi’s vision of a self-reliance with strong reforms in place, charts a clear growth path for India’s opportunity. UAE and India share a rich cultural and business heritage. Both countries have a lot to share and offer each other. A strong partnership will bring new vigor in making Asia a global business hub and lead the world economy in the 21st century.”
Gist of the Indian pavilion: The Expo is a technology marvel that will capture the vibrant Indian culture and its past besides the capabilities and opportunities that it presents as a global economic hub to the domestic as well as the foreign investors.The India Pavilion will see participation from number of Indian states who will be displaying their culture, tradition and tremendous business opportunities along with the top corporate groups from India, and the public sector companies. Large number of prominent government ministers, officials, celebrities are set to visit India Pavilion during the six months of Expo 2020, which will also host number of cultural events.
About Vedanta Limited
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminum & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta’s strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. The company’s flagship social impact program, NandGhars, have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programs with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies company have been featured in Dow Jones Sustainability Index 2020, and was conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship NandGhar Project was identified as best CSR project by Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.
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