Industrial parks are areas set aside for industrial development and they are usually located on the outskirts of cities. These parks have good transportation access and they often include roads, railways and ports. The infrastructure is designed to support businesses as this makes it easier for companies to operate. Industrial parks help attract new businesses as they also reduce the environmental impact of industrial activities by keeping them away from residential areas. Vedanta’s industrial parks have now been decided to be made.
The Vedanta resources Chairman Anil Agarwal is planning to make two Vedanta’s industrial parks in the name of his company for the welfare of people on a non-profit basis. Therefore the Chairman of Vedanta resources has said that all the people who want to start the business which have 5 crore rupees for the investment of the business can locate their and do their operation in two Vedanta’s industrial parks .
“At Vedanta we have announced the setting up of two industrial parks one for zinc and silver and a second for aluminum both on not-for-profit basis. Anyone with an investment of Rs 5 crore and above is welcome to set up their business” said Agarwal.
Agarwal said that the two Vedanta’s industrial parks would be made for Aluminium, Zinc and Silver. Anil Agwarwal said that this project of two Vedanta’s industrial parks will take a lot of cost of the business as the land needed to make the industrial park will be about 1500 acres and it should also be close to the operation of the Vedanta resources in Rajasthan and Odisha.
“We are happy to examine interest from any state or industrial city. We would like to inaugurate the parks in this financial year. I believe this is going to take India’s manufacturing and job creation to another level” said Agarwal.
Moreover Vedanta Resources Chairman Anil Agarwal also said that he will make the same area for oil, gas, iron and steel.
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What Is Vedanta resources Company
Vedanta Resources is a big mining company based in London and they work in many countries like India, Australia and Zambia. They dig for metals like zinc, lead, silver and copper and they also have oil and gas operations. The company started in 1976 and has grown a lot since then and they focus on sustainable growth and aim to help the environment.
Anil Agarwal is the man behind Vedanta Resources who was born in Patna India and started his career in the scrap metal business. Over time he built Vedanta into a huge company and he is known as the “metal king” because of his success in the metal industry. Anil is also involved in charity work and has pledged to donate a large part of his wealth to good causes like making this two Vedanta’s industrial parks
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