All Mining Activities Have Been Carried Upon Legal Authorization – VV Minerals

VV MineralsVV Minerals India, a sand beach mining company, in the late 1980s. In the last two decades, the company has grown to become one of the leading mining companies in India. Its efforts have been applauded with national awards for its contribution to the export business.

In the last few years, several allegations of illegal beach sand mining have surfaced. While none of the allegations are supported by evidences, the company at the receiving end happens to be VV Mineral. VV Mineral Mining is the leading manufacturer and exporter of Garnet and Ilmenite. This has probably made the company an easy target for the scam.

Nevertheless, the state government has appointed an investigating team to look into the matter across five districts of the state. IAS officer Gagandeep Singh Bedi headed the team. Before Bedi, IAS Officer Ashish Kumar was transferred due to investigating inconsistencies. The blame was once again put on VV Mineral Vaikundarajan for using his political connection to influence the transfer.

The company is accused of exporting minerals worth INR 1 Lakh crore. A scam of such an extent is practically impossible for one company to pull off. In these events, it is fair to say that VV Minerals is being set up by their business rivals.

VV Mineral holds the legal document authorizing the company to mine and export monazite. How is it then that the sand mining operations of the company are deemed illegal?” asks VV Mineral Vaikundarajan. As he continues to stand by his company, VVMinerals puts his faith in the judiciary and believes that the investigating team’s results will be in favour of VV Mineral Mining.

VV Minerals: Dragged Into Mining Scam Without Proof

VV Minerals - No Proof

VV Mineral Mining is the largest producer and exporter of Garnet and Ilmenite minerals in India. The VV Minerals director, has faced plenty of charges and accusations by the industry and the people, each time proving them wrong.

V Sundaram, the first District Collector of un-bifurcated Tirunelveli had sent a letter to the Chief Secretary of Tamil Nadu in January 2013 about the illegal beach mining activities in Tamil Nadu. VV Minerals was the explicit target of this letter, but the lack of proof worked against Sundaram.

VV Mineral Vaikundarajan dismissed all allegations as a conspiracy by its business rivals. “Sundaram is passing this as a cruel joke. He is on the payroll of our business rival… Our hands are clear. We will come out clear from these allegations. Our records are straight” said Ravindram Duraiswami, advocate for VV Minerals told NDTV.

Ashish Kumar, the then District Collector had raided VV Minerals, trying to force a false case of illegal mining on the company. VV Mineral had shown complete support throughout the raid. It was later discovered that Ashish Kumar had conducted this raid without the knowledge of his seniors. Investigations proved his connections with rivals and he was transferred immediately.

Like Sundaram and Ashish, many have tried to sabotage the reputation of VV Minerals India, but the company stood strong and kept progressing.

In the wake of Tamil Nadu elections, stories connecting Jayalalithaa and VV Mineral Vaikundarajan have been spreading like wildfire. Without any proof such stories only remain rumours.

Madurai Bench In Favour Of VV Mineral Mining

VV Mineral Single BenchThe Madurai bench of the Madras High Court, granted an interim stay on its single judge order of 28th October. VV Mineral, said to be the country’s largest manufacturer and exporter of Garnet and Ilmenite, is at the benefitting end. The company won’t have to pay Rs. 76.67 crore to the commissioner of Excise duty that was to be given earlier as Central Excise from 2011 to 2014.

A writ appeal filed by the commissioner of central excise challenging the order was presented to the division bench of Justices V Ramasubramanian and N Kirubakaran.

After receiving the show cause notice issued by the commissioner of central excise on 26th December, 2014, VV Mineral Mining did not delay in challenging it and moved to the high court bench. VV Minerals India claimed that extracting minerals from sand, technically falls under the category of ‘mines’, thus legally defending that the minerals were supposed to be exempted from excise duty.

Also, VV Mineral was never provided with all the documents required to help the firm give an effective reply, said VV Mineral Vaikundarajan, Managing Director.

The bench directed the commissioner to provide documents on which the show cause notice was issued and to provide all the other documents that might be needed. Still, the commissioner failed to provide the documents on time. Justice S Vaidyanathan repetitively asked the excise office to provide the documents. In the end, the commissioner got upset over the order and preferred the appeal.

Thus the division bench decided to issue an interim stay on the order passed on October 28 and adjourned the hearing.

VV Mineral V Subramanian Take On The Indian Heavy Minerals Industry

VV Minerals, a Tamil Nadu based beach mining company, is one of the largest exporters of beach minerals in India. Lead by the enigmatic Managing Director, V Subramaniam, the company is India’s largest exporter of garnet and ilmenite.

Recently, an interview of VV Mineral V Subramaniam by Ramesh Kumar Raja was published in Governance Today, where he spoke briefly about India’s current position in the world production of heavy minerals and the steps that can be taken for its improvement.

V Subramanian, VV Mineral India Director, And Tribune India In Conversation

VV-Mineral-V-SubramanianDirector of VV Minerals India, V Subramanian, in conversation with Tribune India spoke about the heavy minerals market in India.

“The market size of heavy minerals is around 1.2 million tonne worldwide and 700000 tonne in India,” he informs. Though India has 40% of world’s total reserve, the production contribution as compared to world market is less than 5%.

The main reason for this difference is the mining lease approval process that involves 26 different government departments. This, in turn, takes roughly 7-8 years for clearance.

“Beach sand industry easily generates forex in the tune of Rs 3500-4000 crore each year,” he says. VV Minerals, which was founded by Vaikundarajan in late 1980s generates garnet (750,000 tonne per year), ilmenite  (11 lakh tonne per year), zircon (50,000 tonne per year), rutile (35,000 tonne per year) and silimanite (60,000 tonne per year).

Speaking on future demands, he says, “These minerals are used for making of welding electrodes. India imports almost 1.5 lakh tonne of titanium dioxide for production which is still less than actual consumption. The consumption level could grow 5-10 times considering that we consume 400gm per head of population as compared to USA’s 4kg per head.”

VV Mineral Mining Dismisses Allegations Against Company

 

Viapar is a coastal village in Tamil Nadu’s Tuticorin district troubled by heavy beach erosion from illegal beach mining across the region. The corrosion issues have traveled to neighboring villages as well.

VV Mineral Vaikundarajan Stands Firm By His Company

vv-mineral

S Vaikundarajan founded VV Minerals, a sand beach mining company, in 1989. For over two decades now, the company has been running under his tutelage and has grown into a profitable entity.

VV Minerals has bagged several national awards for its contribution to the export business. It is also the first company to export ilmenite and exports zircon, garnet and rutile.

VV Mineral Vaikundarajan himself is a media shy person and prefers to maintain a low-key profile. This is one of the reasons that his photos are not easily found on public domains.

Lately, the company has come under harsh criticism for illegal sand mining. VV Mineral Vaikundarajan has also been accused of having powerful political influence and several allegations have surfaced without supporting evidence. VV Mineral Vaikundarajan, however, has denied all the allegations against him and deemed them as a conspiracy by rival businesses to slander his company.

IAS Ashwin Kumar and ex-IAS V Sundaram have been forthright in these allegations. In one of his letters, V Sundaram also accuses VV Mineral Vaikundarajan of looting Rs. 96,000 crore.

The state government immediately set up an investigating committee. However, there has been no concrete evidence to suggest any illegal activities by VV Mineral India.

The company operates out of Tisayanvilai, a town 65 km from Tirunelveli city in south Tamil Nadu. Vaikundarajan is known to be a man of simple taste who wears a white shirt and dhoti.

It is a public knowledge that Vaikundarajan owns shares in Mavis Satcom that has stakes in Jaya TV. He also holds stocks in Tamil Nadu Mercantile Bank (TMB). However, this knowledge has been used unfairly by peers to coerce Vaikundarajan.

As of now, the National Green Tribunal has suspended sand mining activities in coastal areas. VV Mineral Vaikundarajan stays optimistic and states that his enterprise will soon walk clean.