India’s 76th Independence Day: Vedanta Aluminium commits to ‘paanch pran’ for nation’s advancement
16th August 2022- Enthusiastic celebrations held at several of its business locations across India
New Delhi; 16th August 2022: On India’s 76th Independence Day, Vedanta Aluminium, India’s largest producer of aluminium, commits to proudly upholding the principles of ‘paanch pran’, as employees, business partners, community members and their families join in the Azadi Ka Amrit Mahotsav festivities at its operations in Odisha and Chhattisgarh.
Since inception, Vedanta Aluminium has been a champion of national growth and development, putting India on the world map as a fast-emerging manufacturing powerhouse of aluminium and its products. The forthcoming decades will see aluminium become the most-consumed metal in the world, given its indispensability in a low-carbon future. As India’s largest producer of aluminium, Vedanta Aluminium plays a critical role in sustaining the lifeblood of critical industries like automobile, construction, electrical, consumer goods and packaging, sunrise sectors such as electric vehicles and solar/renewable energy, as well as high-tech sectors such as aerospace and aviation. Staying true to its commitment to the paanch pran elucidated by the Hon’ble Prime Minister of India in his Independence Day address to the nation:
- National development: The Indian aluminium industry together contributes up to 2% of India’s manufacturing GDP, creating more than 10 lakh jobs across the value chain and fostering over 4000 SMEs. Vedanta Aluminium alone produces over 50% of India’s aluminium with a diverse array of top-quality products, including low carbon aluminium branded ‘Restora’, that are sought-after in India and globally.
- Freedom from servitude: Establishing new benchmarks in swadeshi manufacturing for the global market, Vedanta Aluminium exports premium grade ‘Made in India’ aluminium products to over 35 countries worldwide. Indigenous development of high-end aluminium alloys helps curb imports, while investments in deep R&D and innovation capabilities builds a skilled domestic workforce, enabling the company to cater to India’s growing needs. Fundamentals such as these boost the Vedanta Aluminium family’s sense of pride in their national identity.
- Pride in heritage & legacy: Beyond aluminium, Vedanta Aluminium is working to preserve and promote ancient tribal arts, such as Dhokra, Saura and mural paintings, and sports like archery, which have been a part of India’s rich traditions for eons.
- Strength in unity: The company’s mammoth aluminium operations are run by one of the most diverse workforces, in terms of education, experience and geography, making it a vibrant crucible of ideas and perspectives. This unity of diverse thought processes has enabled the company to be a strong contributor in India’s growth journey.
- Duties as citizens: As a proud corporate citizen of the country, Vedanta Aluminium takes a great sense of responsibility in its role as a nation builder. The organization’s culture infuses its ecosystem of customers, suppliers, employees, families and communities with a deep sense of responsibility in their actions that contribute to the national growth story.
Sharing his thoughts on Vedanta Aluminium’s role in shaping India’s Amrit Kaal, Mr Rahul Sharma, CEO – Vedanta Aluminium, said, “At Vedanta Aluminium, we are on a relentless mission to deliver sustained growth for our country, communities and customers. It is a matter of great pride for us to catalyse India’s growth story through our aluminium, which finds extensive usage in key growth sectors. Our plants are assets of national importance, that connect remote and underserved regions to the socio-economic mainstream. India’s journey through the Amrit Kaal will also see Vedanta Aluminium ramp up its production and develop new products and alloys to cater to the future needs of a confident and aatmanirbhar Bharat asserting its place on the global stage.”
Independence Day celebrations across the company’s business units included:
- In Bhubaneswar, Odisha, Vedanta Aluminium partnered with the Swami Sivananda Centenary School to distribute flags to 600 students in support of the ‘Har Ghar Tiranga’ campaign.
- At Jharsuguda in Odisha, where the company operates one of the world’s largest aluminium smelters, celebrations were organised at 14 Nand Ghars, which are anganwadis modernised by Vedanta to become centres of woman and child development. Young pupils performed at cultural programs and participated in a flag hoisting ceremony. Self-Help Groups supported by the company also contributed by stitching and distributing over 4000 national flags to community members.
- At BALCO in Chhattisgarh, India’s celebrated and iconic producer of aluminium in Chhattisgarh, the teams presented tableaus themed on Independence Day at the company township. A flag hoisting ceremony was also organised at the plant location, while flags were distributed to all employees and family members.
- In Lanjigarh, Odisha, flag hoisting ceremonies were organized at the Vedanta Hospital and the Vedanta Sakhi project office, two initiatives that are actively driving access to quality healthcare and sustainable livelihood opportunities respectively within the region.
- At Lakshmipur in Rayagada district of Odisha, a football tournament was organised for local youth, while sweets and flags were distributed in Jamkhani (Sundargarh district) to 650 students.
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.26 million tonnes in FY22. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 4th in the Dow Jones Sustainability Index (DJSI) 2021 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
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 Aluminium & Power across India, South Africa and Namibia. 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. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations. 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, Nand Ghars, 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 programmes with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies have been featured in Dow Jones Sustainability Index, and was conferred Frost & Sullivan Sustainability Awards 2020, Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2022. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.
For more information, please visit www.vedantalimited.com
About Vedanta Aluminium Business:
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
For more information, please log on to www.vedantaaluminium.com
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