In an interaction with Financialexpress, V Subramanian, Director, VV Mineral, said the government needs to come up with a coherent policy that will give fillip to this nascent industry. Watch the presentation to find out the current scenario of the heavy mineral mining industry from an expert view.
VV Minerals is a privately owned heavy mineral mining company based in Tamil Nadu and managed by Subiah Vaikundarajan. They began their journey in the year 1989, when Mr. Vaikundarajan took over the company from another owner. In the initial years, the company made a turnover of about Rs. 64 Lakh. Now they make over Rs. 500 crore.
Within a year, they had set up a garnet processing unit in Keeraikaranthattu, after with a capacity of about 5000 metric tons per annum in 1989. They were dealing with a productive UAE based client for export of Garnet abrasives as the domestic consumption was rather small. Today they produce close to 2,50,000 metric tons per annum which makes them the largest garnet abrasive producer in the world.
They also deal with Zircon mining, Rutile mining and Ilmenite mining. From its inception in 1989 this company has significantly diversified into construction, infrastructure, textiles, chemicals, pigments, food and agro businesses progressively.
Today Vaikundarajan modest company stands at a Rs. 2000 crore conglomerate. With young manager like V Subramanian, who is the son of Mr. Vaikundarajan, the company continues to grow creating higher prospects for India to excel in the global markets.
VV Minerals, India is a heavy mineral mining company based in Tamil Nadu and privately owned by S. Vaikundarajan. They are chief manufacturers of industrial minerals such as Garnet, Zircon, Rutile, and ilmenite. However, one product that stands out is Super Garnet.
The company is India’s largest producer, and exporter of Garnet. They have received various accolades and awards for trade of this product. Super Garnet – is a non – metallic naturally obtainable mineral abrasive mined from the beaches of the Gulf of Mannar. The purity of 99%, Super Garnet is the most accepted brand in Sand Blasting, Water Jet Cutting, Water Filtration, Surface preparation etc., To put it precisely, its high purity and low salinity provides the Super Garnet its grandeur. With its crystalline shape giving a fast cutting action and longer life span, Super Garnet is highly efficient and effective as an abrasive.
The sands of Tisayanvilai are abundantly gifted with garnet deposits. This gives VV Mineral, an edge over other companies and products.
In India there is a lot of scope for the heavy mineral mining industry as India has one of the highly gifted coastlines which have abundance of heavy minerals. To make the best use of these resources more attention should be paid to as it can reap in huge benefits to our nation in many ways. VV Minerals that is a private heavy mineral mining company has however, been quite victorious in taking this industry to a new level altogether. VV Minerals, Vaikundarajan is one of the key players of this industry and also the highest exporter of heavy minerals from India. V.V. Mineral is the first company to receive the ‘Export House’ status for heavy minerals from the Government as well as various chambers of commerce and industry.
They have also been receiving the Best Exporter Award from the INDIAN CHAMBER OF COMMERCE AND INDUSTRY – TUTICORIN for the past 12 years since 2000 onwards. It is a very big achievement for VV Mineral as this company was started by S. Vaikundarajan right from scratch and it is him who has worked all these years to make it into such a successful venture. S. Vaikundarajan has made India proud by managing VV Mineral’s trade relations so well. S. Vaikundarajan has proved his greatness time and again by following his ethics and principles in his business.