India to Build Full EV Battery Ecosystem in Two to Three Years
COAL & MINING

India to Build Full EV Battery Ecosystem in Two to Three Years

Mines Secretary Piyush Goyal said India is confident of building a complete electric vehicle battery ecosystem within the next two to three years and outlined a strategy covering lithium sourcing, processing, global acquisitions and mining reforms. He said the government expects rapid scale up in downstream capacity to support electric vehicle adoption and reduce import dependence. The remarks were made during an interaction with reporters in New Delhi.

Goyal said lithium remains central to the clean energy transition as lithium ion technology dominates batteries, while domestic lithium availability is limited and brine reserves are more common in South America. He noted that spodumene typically contains lithium in the range of one to six per cent and can be imported for further processing, and that domestic companies already possess the technology. He urged development of conversion facilities at scale to retain value addition.

He said the government is finalising a policy on processing critical minerals and has identified two key resources for electric vehicles, with incentives under consideration to encourage firms to establish lithium and nickel processing facilities. To secure supplies the country is pursuing mineral assets in South America, Australia and Canada and a consortium of public sector undertakings including Hindustan Copper Limited is bidding for overseas blocks, including copper assets in Chile. International collaborations for technology and resource access are being evaluated.

Efforts are under way to recover critical minerals from industrial waste such as red mud, tailings and fly ash, and production of gallium and cadmium has begun while work on tantalum continues though private firms remain cautious due to high capital requirements. Under the National Critical Mineral Mission 46 blocks have been auctioned against a target of 100 and a separate scheme to strengthen the value chain is in advanced stages. The Secretary highlighted mining reforms that saw 212 blocks auctioned in 2025-26, the National Geoscience Data Repository hosting 90,000 exploration reports, faster operationalisation with 25 mines becoming operational in the past year, and copper ore imports valued at Rs 430 billion (Rs 430 bn) processed domestically.

Mines Secretary Piyush Goyal said India is confident of building a complete electric vehicle battery ecosystem within the next two to three years and outlined a strategy covering lithium sourcing, processing, global acquisitions and mining reforms. He said the government expects rapid scale up in downstream capacity to support electric vehicle adoption and reduce import dependence. The remarks were made during an interaction with reporters in New Delhi. Goyal said lithium remains central to the clean energy transition as lithium ion technology dominates batteries, while domestic lithium availability is limited and brine reserves are more common in South America. He noted that spodumene typically contains lithium in the range of one to six per cent and can be imported for further processing, and that domestic companies already possess the technology. He urged development of conversion facilities at scale to retain value addition. He said the government is finalising a policy on processing critical minerals and has identified two key resources for electric vehicles, with incentives under consideration to encourage firms to establish lithium and nickel processing facilities. To secure supplies the country is pursuing mineral assets in South America, Australia and Canada and a consortium of public sector undertakings including Hindustan Copper Limited is bidding for overseas blocks, including copper assets in Chile. International collaborations for technology and resource access are being evaluated. Efforts are under way to recover critical minerals from industrial waste such as red mud, tailings and fly ash, and production of gallium and cadmium has begun while work on tantalum continues though private firms remain cautious due to high capital requirements. Under the National Critical Mineral Mission 46 blocks have been auctioned against a target of 100 and a separate scheme to strengthen the value chain is in advanced stages. The Secretary highlighted mining reforms that saw 212 blocks auctioned in 2025-26, the National Geoscience Data Repository hosting 90,000 exploration reports, faster operationalisation with 25 mines becoming operational in the past year, and copper ore imports valued at Rs 430 billion (Rs 430 bn) processed domestically.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code