Not only about succession, creating an institution that will last 500 years

Vedanta Group founder Anil Agarwal on Saturday said his daughter Priya Agarwal Hebbar could be a successor to his personal wealth, but the family at the head of the mining conglomerate is focused on building an institution which will be more inclusive and with a vision spanning the next 500 years.

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Speaking at the 22nd Hindustan Times Leadership Summit on Saturday, Agarwal said: "I am sure she will take it forward but the institution is going to be run by the people for the people. She can be a successor of my personal wealth, but we are creating an institution that will be there for 500 years."

Hebbar, who is chairperson of Vedanta subsidiary Hindustan Zinc and non-executive director of Vedanta, said she has a few changes in mind for the business her father has built.

"Vedanta has to stand for equal opportunities for all," she said. "We were the first company in India to get women underground and working in mines." She also wants to ramp up support for the LGBTQ+ community.