Showing posts with label S Jegatheesan. Show all posts
Showing posts with label S Jegatheesan. Show all posts

Tuesday, 29 December 2015

Local Industry Rendered Jobless Due To Ban On Mining, Says VV Mineral V Subramanian

http://www.pinterest.com/vvmineralsindiaThe local industry has laid off many due to the ban on beach mineral mining in Tamil Nadu. The ban was imposed in August 2013 and has seriously affected the lifestyle of locals causing a loss to the exchequer.

"The local industry is nearly without job as a result of the ban that was effected in August last year. It has rendered joblessness to around 50,000 people including 15,000 of ours," V V Mineral's Managing Partner VV Mineral V Subramanian said. "The country is loosing forex amounting to at least Rs 10,000 crore a year," he claimed.

VV Mineral, a beach mining company founded in late 1980s, is country’s largest mining, manufacturer and exporter of garnet and ilmenite.

The ban resulted from complaints of illegal mining has affected nearly five coastal districts. An inquiry commission has been set up to look into the matter.

Beach mining from mineral sands is found only in coastal states such as Odisha, Andhra Pradesh, Tamil Nadu, Kerala and Maharashtra. Sands contain minerals such as garnet, ilmenite, rutile, zircon and sillimanite which are used in varied areas such as aircraft and paper industries.

VV Minerals accounts to about 75% of beach mineral mining activity in the state of Tamil Nadu. The state itself contributes to around 85% of the country’s total exports of 6.5 lakh tonnes of garnet.

VV Mineral V Subramanian explains that the current state of beach mining is relenishable. “In the absence of mining, such minerals are being carried away by sea waves and as a result, Sri Lanka, located further down, is reaping rich benefit at the cost of Indian industry. The ban on mining is impacting Indian firms' reputation as trusted partners with customers overseas. It is causing an annual loss of around Rs 300 crore to the state exchequer as well," he said.

The reopening of the mines could attract some few hundred crore of investment in the sector in Tamil Nadu, he said, adding his own company is likely to invest Rs 300 crore for enhancing capacity of value addition in the existing facility.

Wednesday, 9 December 2015

VV Minerals India Explains What New Rules For Atomic Minerals Will Mean For The Industry


 The new mining laws have put private rare earth mineral sector in an uncertain position. With the industry raising their concern against the law, the Centre has decided to come out with rules governing leases of atomic minerals. VV Mineral Mining is India’s largest garnet miner and exporter. “These minerals are used in ceramic and higher technology items. The origin of these minerals is traced to Western Ghats,” informs VV Minerals India.

Tuesday, 30 December 2014

VV Minerals Manufactures Everyday Minerals For The Common Man





VV Mineral Mining is one of the finest mining manufacturing companies situated in Tamil Nadu. The company manufactures minerals like Rutile, Zircon, Illmenite and Garnite. All of these products are used in a variety of applications in Industrial as well as common man's.

Tuesday, 16 December 2014

VV Mineral Becoming The World Leaders In Heavy Mineral Mining

https://plus.google.com/u/0/b/115427745398374600571/
S. Vaikundarajan is connected in large scale beach mineral mining in the southern region of Tamil Nadu. VV Minerals,Mining the company he owns, is the country’s leading heavy mineral producer and are about to become the world leaders in the heavy mineral mining industry.

The company conducts beach sand mining for minerals like rutile, garnet, zircon, and ilmenite. In VV Minerals, India has been one of few private companies to export these minerals commercially to other countries. Incepted since 1989, the company has been growing in size and has been gaining notoriety in mineral mining, the globe over. Yet, the company is always looking at ways to better itself, both economically and socially. Over the years, the owner of VV Mineral, Vaikundarajan, has received countless awards and praise in the export business.

At this juncture in the state of Tamil Nadu, the mineral mining industry has had to remain at a standstill. This has mainly occurred dues to the acts of a few private mining players conducting illegal sand mining activities in the state.  At first, VV Mineral was also alleged to have played a part in this scam. However, after investigations were conducted, the mining mineral firm were given a clean chit by the government. The investigation concluded that the company had no involvement in the scam.

VV Minerals is a family owned company and other members of the management committee include, S Jegatheesan, J Muthurajan and V Subramanian.