VV Minerals Lead Over Other Companies As Tamil Nadu Gains Monopoly In Garnet Placer Sands Export

Tamil Nadu, India, July 9, 2014 (Newswire.com) - “VV Minerals on the other hand is the most important element in this entire industry”, says Jegatheeasan. If the trends of Garnet mining are closely observed it is noticed that it is private companies like VV Minerals India  has a dominating share in the world garnet market.

Garnet being an eco-friendly abrasive is widely being preferred by more and more countries. The demand for it is strong and shall also continue to be that way believes J Muthurajan. However, in India it finds little use and most of it is exported. Garnet is not recognized as an abrasive in our country because of the presence of cheaper variants. Beach mineral sand deposits are found in countries like Australia, India, South Africa, USA, Mozambique, China & Sri Lanka Australia was the largest supplier of fine grade Garnet till early 2000. Since the mines are depleted, the importers have turned to India and now VV Minerals India is right on top of the list of exporters of garnet.

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Subramanian, MD

India exports about 650,000 tonnes of Garnet annually of which over 85 % of Garnet is from Tamil Nadu, in view of the variety and up gradation resorted to by the private sector. This achievement has come into place after 15- 20 years of relentless of efforts of the Private Sector.

This Garnet Industry has not only improved the standards in the 3 backward coastal districts, where no other major industry is feasible, but also earned a good amount of much needed foreign exchange for the Country. It is highly beneficial for the economy.

VV Minerals has gained all the statutory clearances before getting into this and all their mining activities and exports are continuously checked by the government officials and all activities are carried out abiding by the rules and regulations of the government.

VV Minerals has a great involvement in the betterment of the society as well. Not only do they indulge in investments and overall development of industry in the backward areas, they are also into the creation of direct employment round the year. They also foster the development of indirect employment like transport, packing etc.

Therefore, in times of such economic crisis that our country is facing VV Minerals India is constantly working hard to ease the current scenario. Not only are they into large scale exports but also favor the society in many such ways indirectly by generating employment and so on.  VV Minerals is one of the biggest private companies to export garnet in such huge quantities. The Company’s foundation was laid down by S. Vaikundarajan , who is also the chairman and the managing director of the company. He is the man behind VV Minerals India reaching such great heights in this heavy mineral mining industry and taking Tamil Nadu to pioneering position in the exports of garnet.