Monday, 30 June 2014

VV Minerals Contribution To The Community In Andhra Pradesh

VV Minerals, Tamil Nadu
VV Minerals, India, is the largest garnet exported in the country, as well as the first private company to export ilmenite. It is a family grown business started by Mr. S Vaikundarajan. They are the leading heavy a mineral mining company in India is VV Minerals. VV Minerals, India is based in Tamil Nadu. They conduct mining activities in the Gulf of Mannar. The minerals that are abundantly found in this area include ilmenite, zircon, rutile and garnet.

After the acquisition of Transworld Granite India in Andhra Pradesh, by VV Minerals they have been actively involved in community service. They have helped in electrification and street lighting in Srinakulam. They also contributed in the laying of the roads in the villages.

VV Minerals has been actively involved in helping in the house construction of the local people.

They are a part of the nonprofit organization ‘SHE’, which is an association for women and people who are physically challenged. VV Minerals, India has also been donating to the village and rural funds.

Thursday, 26 June 2014

The Mining Regulations To Be Renewed Soon

Beach Mineral Mining
The newly elected NDA government is on the verge of preparing a new board for an updated industry-friendly law for the mining sector. This will be done first by scrapping the unpopular policies by the UPA government in 2011 which were not very beneficial to the miners. This bill which was passed in 2011 makes it mandatory for miners to share their profits. The mineral output of the country has been shrinking significantly in the past few years because of ban on mining activities in states like Karnataka Goa, Odisha and Tamil Nadu. In Tamil Nadu, the heavy mineral mining industry has hit a hard blow because of the delay in the investigation processes of the state government.

VV Minerals, the leading beach mineral mining company, which is privately owned by Mr. S. Vaikundarajan  is also one of the private companies that has suffered grave economic losses.

The Mines and Minerals (Development and Regulation) bill of 2011 has lapsed. Hence the government will now look into making a comprehensive amended bill which will benefit both the mining sector as well as the government. The hope is high that justice will be served. 

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Tuesday, 24 June 2014

The Life At VV Minerals, India: Rajakumar, Marketing Manager

VV Minerals
I had the opportunity to meet with one of the crucial members of the VV Mineral organizational structure the other day and we began talking about his experience in the company. I was intrigued with his inclination towards this company to him, it was not just the place he works at but also a place he could call his own. 

Mr. Rajakumar, the Marketing Manager at VV Minerals has worked for companies like Tata before, but the best thing he liked about VV Mineral was that it was a family run organization. After working in the company for more than eight years, Mr. Rajakumar has realized that the term family run also applies to the employees because Mr. S. Vaikundarajan, the owner of VV Mineral treats every employee as family. 

He explains, “For every marriage celebrated in their family, free new dress will be given to all the employees. For pongal a bag of rice, sugar, vegetables, cashew nuts, sugar cane etc will be distributed to all the employees” 

He has found family at his workplace and says, “So the title family run business is having a wider view in this organisation and I am proud to be associated with it”

Just like Mr. Rajakumar, VV Minerals has changed many people’s lives in Tamil Nadu.  Mr. S. Vaikundarajan has been successful not only in his business ventures but also in contributing immensely to the society around him.

Friday, 20 June 2014

Development Of Tisayanvilai In Tamil Nadu Because Of VV Minerals

VV Minerals, IndiaTisayanvilai is located in the Tirunelveli district in Tamil Nadu. It is coastal town. Due to its remoteness from the main cities of Tamil Nadu, the development of this town was never largely acclaimed. However, after the establishment of VV Minerals, India, there was a noticeable difference seen in the development of this town.

VV Mineral owned by Mr. S. Vaikundarajan is a privately owned company which deals with heavy mineral mining. They have set up various sanitation facilities in and around the local villages, they have also constructed bus shelters in a few areas. They have also provided employment opportunities to local people, because when the fishing season is off, the locals do not have anything to do. They also give accommodation to people who can afford and are working for the company.

Employees get benefits like free health insurance and education of children. The local people also have access to the public health centre where care is taken to keep the villagers healthy and disease free.

The managing directors of the company, Mr. J. Muthurajan and Mr. Jegatheesan also insist on holding check up camps for the locals, as well as organize recreational and sports events for the locals of Tisayanvilai. 

Friday, 13 June 2014

Free Books Distributed To 200 Schools By V. V. Minerals

 On June 12, 2014, which is celebrated as World Day Against Child Labour, VV Minerals, India owned by Mr. S. Vaikundarajan carried out an initiative to benefit poor school children and workers family living in the area by giving them free notebooks. In order to improve the quality of education of the society and community the management of VV Minerals held camps of free books distribution at various establishments of the company.

Tuesday, 10 June 2014

Meet Vaikundarajan, The Man Who Was Accused Of a Rs. 96k Crore Mining Scam Is Proven Innocent

VV mineral, Vaikundarajan
Mr. S Vaikundarajan, the owner of  VV Minerals, India, was alleged in a beach mineral mining scam in August last year. However, after a detailed investigation by the Indian Bureau of Mines which is a part of the Ministry of Mines it was found that VV Minerals the largest mining manufacturer and exporter of garnet and ilmenite were innocent. The company’s top management includes Mr. Jegatheesan, Mr. J Muthurajan, and Mr. V Subramanian.

The company deals with zircon mining, garnet mining, ilmenite mining and rutile mining. But they were accused of mining atomic minerals like thorium. Although they were given the green card by the central government according to the Deccan Chronicle article that appeared in December 2013, today they await the supreme court’s order on the ban of heavy mineral mining in Tamil Nadu.

The ban has left about 50,000 local people unemployed in Tamil Nadu. And also, the country has lost a lot of value in forex. The private companies are facing grave losses because of the ban. The hope is high that the ban will be uplifted soon.

Thursday, 5 June 2014

Facts About The Ban Of Beach Mineral Mining In Tamil Nadu

V Subramanian
One of the top beach mineral mining companies in India, VV Minerals spoke out about the ban on heavy mineral mining imposed by the Government for almost a year. There was an exclusive interview of the managing partner, Mr. V Subramanian on DD Network, in which he stated that, “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" 

According to him, the country is loosing forex amounting to at least Rs 10,000 crore a year. Beach mining is ‘replenishable’, he said and 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.

He also added that 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. And, The reopening of the mines could attract some few hundred crore of investment in the sector in Tamil Nadu 

VV Mineral is India's largest Mining, Manufacturer and Exporter of Garnet & Ilmenite. At the global level, VVM is poised to rise above the number two position.VVM is the first private Ilmenite Exporter in India.

V.V. Mineral is a family grown business started by Mr. S Vaikundarajan, Founder, Chairman & Managing Director, VV Group.

You can read more about this story at:

Business Standard, The Hindu, Tamil Nadu, The Economic Times, Financial Express.