Vedanta Aluminium celebrates India’s 75th Independence Day with great fervour
16th August 2021
Bhubaneswar; Odisha; 16th August, 2021: Vedanta Aluminium, India’s largest producer of aluminium and value-added products, celebrated the 75th Indian Independence Day with great fervour with employees, partners, and community members at its operations in Lanjigarh and Jharsuguda. The highlights of the event included a spectacular march past by the company’s security personnel, hosting of the national flag by Dy. CEOs of both operations, award ceremony for the best performers from security teams, tree plantation and celebrations with local communities. The special day was also celebrated with beneficiaries of nearly 40 Nand Ghars, which are anganwadis modernised by Vedanta that act as centres of women & child development in rural India, along with village sarpanchs, ward members, etc.
Marking the occasion, Mr. Rahul Sharma, Dy. CEO – Aluminium Business, Vedanta Ltd., said, “Aluminium is a strategic metal, with critical applications in key growth sectors such as defence, aerospace, automobile, infrastructure & construction, electrification, and many more. Being India’s largest producer of aluminium, Vedanta Aluminium Business is on a mission to make India the aluminium capital of the world, through innovation and value-addition. On Independence Day, we reiterate our vow to fuel the country’s self-reliance in critical raw materials like aluminium and establish our great nation as the top manufacturing destination for the world, leveraging deep R&D, cutting-edge technologies, our talented human capital and sustainability-focused operating procedures.”
Aluminium is the second most important metal in the world today, and is poised to see exponential growth as the demand for its versatile properties finds diverse applications across critical sectors like aerospace, defence, automobiles and electric vehicles, electrification, building & construction, renewable energy, and many more. As countries and companies world over look for new manufacturing destinations, the domestic aluminium industry, which has been deemed as a Champion Sector by the Government of India, has a crucial role to play. Looking at the potential for numerous applications in the indigenous space programme, Smart Cities, National Infrastructure Plan, the Affordable Rental Housing Complex (ARHC) scheme, 100% rural electrification, renewablepower etc., Vedanta Aluminium Business is on the leading edge of developing emerging applications of aluminium for a resurgent India.
On Independence Day, Vedanta has rolled out an ad film ‘Aatmanirbhar Bharat Ke Liye’ and a music video ‘Hum Hindustani’. The Aatmanirbhar Bharat ad film highlights the potential of India’s significant mineral wealth to boost the national aspiration of socio-economic prosperity and poverty alleviation. The natural resources sector holds the potential to contribute approx. $1 trillion towards India’s drive to become self-reliant. The mining policy reforms, which aim to liberalise the industry by opening opportunities for private players, can generate ~5 lakh new jobs. Within five years, India’s mineral production could soar by 200%, while its trade deficit in minerals falls by 50%. The film can be accessed here: https://youtu.be/f2mDCw8l8dI
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The second film ‘Hum Hindustani’, is a music video is an ode to human resilience, sung by stalwarts of the Indian music industry along with Mr. Anil Agarwal, Chairman – Vedanta Resources. The song encapsulates the strength, togetherness and humanity that has bound the entire country, as it strives to overcome the pandemic. The music video can be viewed here: https://youtu.be/HjwXMuE1UrM
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Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing half of India’s aluminium at 1.96 million tonnes per annum (MTPA) in FY21. It is a leader in value-added aluminium products that find critical applications in core industries. 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., 2.29 million tonnes in FY23. 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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This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
