India Urged to Reduce Dependence on China for Critical Minerals

23 Jul 2024 CW Team

The Economic Survey 2024 has emphasized the urgent need for India to address its heavy reliance on China for critical minerals. The survey highlights the potential risks associated with this dependency and underscores the importance of diversifying the mineral supply chain to enhance national security and economic resilience.

China's dominance in the global supply of critical minerals poses a significant challenge for India, impacting various sectors including energy, technology, and infrastructure. The survey suggests that reducing this reliance is crucial for safeguarding India's strategic interests and ensuring the stability of its industrial and energy sectors.

To mitigate these risks, the Economic Survey advocates for the development of alternative supply sources and the strengthening of domestic mineral production capabilities. This includes investing in exploration and mining technologies, forming strategic partnerships with other mineral-rich countries, and implementing policies to boost domestic mineral reserves.

By focusing on these strategies, India aims to achieve greater self-sufficiency in critical minerals, reduce vulnerabilities, and support long-term economic growth. Addressing the dependence on China for these essential resources will play a key role in strengthening India's economic security and resilience in the face of global supply chain disruptions.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..