Vedanta Chairman Calls for Boosting India's Domestic Resource Production Amid US-Iran Conflict

Vedanta Chairman Anil Agarwal has warned that India's heavy reliance on imported oil, natural gas, and gold makes it vulnerable amid the ongoing US-Iran conflict. He urged the government to prioritize the natural resources sector by accelerating domestic exploration and production. Agarwal proposed divesting 50% stakes in petroleum, natural gas, and metals sectors to employees with job security guarantees to boost self-reliance and economic stability, emphasizing the urgency due to geopolitical uncertainties.