The Anil Agarwal Story

Man who built

₹ 1,70,000 Crs Empire
 Aniket Kangane

Early Life
Anil Agarwal was born in 1954 in Patna, Bihar. Growing
up in a modest family that ran a small aluminum
conductor business, Anil learned the value of hard
work early on by helping his father in the shop.
 Aniket Kangane

City of Dreams
At 19, Anil moved to Mumbai with a few hundred
rupees. He started trading scrap metal, driven by a
desire to make it big. His journey in Mumbai taught
him about the metals industry and fueled his ambition.
 Aniket Kangane

Founding Vedanta
In 1976, Anil founded Vedanta Resources. Starting with
scrap metal trading, he gradually expanded into
mining, seeing potential in old and closed mines. His
vision was to create a leading company in the mining
and metals sector.
 Aniket Kangane

First Major Step

Anil’s first significant move was acquiring Shamsher
Sterling Corporation in 1986, laying the foundation for
Vedanta’s growth. By the early 2000s, Vedanta listed
on the London Stock Exchange in 2003, marking its
rise.

Acquisition
 Aniket Kangane

Expansion Phase
Vedanta rapidly expanded under Anil’s leadership,
acquiring key assets in India and abroad. By 2010,
Vedanta was producing a wide range of metals
including zinc, copper, aluminum, and iron ore,
becoming a global player.
 Aniket Kangane

Global Reach
Vedanta’s global reach grew with acquisitions in
Zambia, Namibia, South Africa, and Australia. Anil’s
strategic vision turned Vedanta into one of the world’s
largest diversified natural resources companies.
 Aniket Kangane

Current Stage
Today, Vedanta Resources operates in multiple
countries, employing over 65,000 people. In 2023, its
annual revenue was around $15 billion. Vedanta is
renowned for producing zinc, lead, silver, copper, iron
ore, aluminum, and oil and gas, and continues to focus
on sustainability and innovation.
 Aniket Kangane

Key Learnings
Anil learned several key lessons. He saw challenges as
growth opportunities and valued hard work and
persistence. Acquiring undervalued assets and turning
them around was crucial. Investing in technology and
innovation drove progress, while building strong teams
and relationships was essential for success.