We will go ahead with the varsity project as soon as land is available. The target is to complete it by 2012.

If left-wing extremism continues to flourish in parts which have natural resources of minerals, the climate for investment would certainly be affected.

Environmental activism against the resource industry is widespread all over the world, but at the same time we have to realise that these are basic materials on which civilisation depends. We need to tap natural resources in a sustainable manner.

The world wants India to remain an import-based economy. Then India can be a dumping ground where gold can be dumped and other commodities such as oil and gas. They look at India as a huge market.

Higher production volumes together with rising metal prices have contributed to the strong set of third-quarter results.

I don't think the subdivision of this block of land will bring much detriment when you consider the development that has gone on around it.