VV Minerals Has A Clean Record, Says VV Mineral Vaikundarajan

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VV Minerals India was established by S Vaikundarajan in 1989. The company has been running under his tutelage for over two decades now and has grown into a profitable entity.

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

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The founder of the company himself is media shy and prefers to maintain a low-key profile. This is probably

one of the reasons why his photos are not easily available on public domains.

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Over the last few years, Vaikundarajan and VV Minerals have been under harsh criticism. From being accused of illegal sand mining to having powerful political influence, several allegations have surfaced without supporting evidence. Vaikundarajan, however, has denied all the allegations against him and deemed them as a conspiracy by rival businesses to slander his company

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IAS Ashwin Kumar and ex-IAS V Sundaram have been forthright in these allegations. In one of his letters,

Sundaram accuses VV Mineral Vaikundarajan of looting Rs. 96,000 crore.

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Following these allegations against the company, the state government set up an investigating committee. As of today, there is no concrete evidence to suggest any illegal activities on VV Mineral’s part.

VV Minerals India operates out of Tisayanvilai, a town 65 km from Tirunelveli city in south Tamil Nadu. Locals know Vaikundarajan as a man of simple taste who wears a white shirt and dhoti.

It is a public knowledge that VVMineral Vaikundarajan owns shares in Mavis Satcom that has stakes in Jaya TV. He also holds stocks in Tamil Nadu Mercantile Bank (TMB). This knowledge has been used unfairly by malefactors to coerce VV Mineral Vaikundarajan.

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

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VV Minerals Has A Clean Record, Says VV Mineral Vaikundarajan

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