Meet Vaikundarajan, The Man Falsely Accused Of Stealing Rs 96k Crore From Illegal Mining
These claims were passed on by rivals. Through CBI investigations, the company was found innocent. Let's understand the man who was false accused of this crime.
Tamil Nadu, India,
February 20, 2015 (Newswire.com) -
S. Vaikundarajan, hailed from a family that produced jaggery for a living. From such humble beginnings, he became one of the finest business men in state of Tamil Nadu. As owner of a heavy mineral mining company VV Mineral located in Tisayanvilai, Mr. S. Vaikundarajan has come a long way.
Today, VV Mineral has become the leading heavy mineral mining company in India. It has a market presence in more than 20 countries. Over the years, it has gained significant share in Europe, US and Australia. At this moment, VV Mineral, has emerged as one of the top global heavy mineral manufacturer and mining company.
Mr. S Vaikundarajan, the individual is a gifted man. His foresight about the industry and the vision for his company, has lead him to be one of the top players in the mining industry. His aspirations have made VV Group succeed as a conglomerate. Today the company has transformed itself from a single mining company into corporation that looks into various sectors like food and agro, chemicals and pigments, paints, sugar, cement and many more. His immense knowledge, in matters regarding legal and statutory aspects of the company, Mr. Vaikundarajan, is recognised for his liasoning skills.
As of late there have been several reports that are deducing that the mining boycott executed in Tamil Nadu for heavy mineral mining was placed enthusiastically last year when there were claims set up against certain private substantial mineral digging organizations for mining of wrong minerals.
VV Minerals was charged in the unlawful sand mining is demonstrated blameless. Mr. S. Vaikundarajan, the manager of VV Minerals, India, was asserted in a shoreline mineral mining trick in August a year ago. Notwithstanding, after a definite examination by the Indian Authority of Mines which is a piece of the Service of Mines it was discovered that VV Minerals the biggest mining producer and exporter of garnet and ilmenite were pure.
VV Minerals India was established in the year 1989, and has grown ever since. The top management includes Mr. V Subramanian, Mr. J Muthurajan, and Mr. Jegatheesan as the managing directors. The Chairman and managing director is Mr. S. Vaikundarajan. They mainly deal with zircon mining, garnet mining, ilmenite mining and rutile mining.