Anil Agarwal, Chairman, Vedanta Group honoured as the ET Business Leader of the Year 2012

Top Quote Sterlite Industries India Limited (SIIL) is the principal subsidiary of Vedanta Resources plc, a diversified and integrated FTSE 100 metals and mining company, with principal operations located in India and Australia. End Quote
  • (1888PressRelease) November 15, 2012 - Anil Agarwal, founder chairman of Vedanta Group, one of the world's largest diversified natural resources groups, has been honoured with the coveted Economic Times Business Leader of the Year 2012 Award. The award was presented by the Hon. Prime Minister of India, Dr. Manmohan Singh in Mumbai. Sterlite Copper is a subsidiary of Vedanta Resources plc, a diversified and integrated metals and mining group.

    The Economic Times Business Leader of the Year Award Is a part of the ET Awards for Corporate Excellence, given annually by Economic Times, world's second largest read financial daily. The Business Leader of the year award "seeks to honour a leader who has clearly demonstrated a strategic direction for success, and pursued a vision"

    On receiving the honour, Mr. Anil Agarwal, said, "It is a great honour and I feel humbled for having been chosen to receive this recognition. I thank the jury and the Economic Times for giving me this award. This award is a recognition of the Indian entrepreneurial spirit which has delivered world class projects in infrastructure and resources. India has one of the largest deposits of natural resources in the world. Exploration and development of these resources in a sustainable manner has the potential of creating mass employment, eradicating poverty and making India a self-sufficient economy."

    The Economic Times feted Mr. Agarwal for having driven "growth in trying times". They also acknowledged that his "growth story is different from typical first-generation entrepreneurs" because he was able to "expand in India and overseas with money raised in global markets". That set him apart from other Indian entrepreneurs who have expanded in India with domestic capital.

    The ET Business Leader of the Year Award is yet another recognition of Mr. Agarwal's achievements. He has also been feted with the prestigious E&Y Entrepreneur of the Year Award in 2008, and Mining Journal's coveted Lifetime Achievement Award for the year 2009. He was featured by the Forbes Magazines as one of the "48 heroes of Philanthropy" in the world.

    Photo Cut Line: (Photo Courtesy - Economic Times) Hon. Prime Minister of India, Dr. Manmohan Singh presenting the coveted Economic Times Business Leader of the Year 2012 Award to Mr.Anil Agarwal, Chairman, Vedanta Group in Mumbai.

    For further information, please contact:

    L.N.Balakrishnan
    Head - Public Relations
    Sterlite Copper ln.balakrishnan ( @ ) vedanta dot co dot in
    Tel: +91 461 424 2926

    Disclaimer
    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 that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

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