Asking the incoming government to leverage the potential of natural resources, industrialist Anil

Agarwal on Thursday called for bringing in clear reforms and forward-looking policies for boosting
India's economic growth.

"The country, in spite of having abundant reserves of oil & gas, bauxite, coal, iron ore, copper
and gold is still spending billions of dollars on imports. In fact, our annual import bill today is close
to $500 billion," Vedanta Group chairman Anil Agarwal said.

"Thus, it is time that we explore, produce and utilize our natural resources optimally in the most
sustainable and environment-friendly manner," he said.

"We expect the new Government to put clear reforms and forward-looking policies at the top of
their agenda, to open up and harness this sector's potential to contribute and strongly impact the
GDP growth of the country."