Jammu and Kashmir fails to get lithium block bids for the second time

04 Jul 2024 CW Team

India's Jammu and Kashmir has faced another setback in its efforts to auction mining rights for newly discovered lithium reserves, estimated at 5.9 million metric tons. Despite a second attempt to attract bids, no offers were received, indicating on-going challenges in developing these critical mineral resources.

Initially discovered in February 2023, these lithium reserves were first put up for auction in November, but the required minimum of three bids was not met. The block was re-auctioned in March with a deadline of May 14, but still failed to attract interest.

A source, speaking anonymously, mentioned that the block might now be handed over to a government agency for further exploration. This development comes as India focuses on securing critical minerals essential for electric vehicle batteries, both domestically and overseas.

The lack of interest has raised questions about the composition of the lithium deposit in Jammu and Kashmir. Last year, the Indian government identified 30 minerals, including lithium, nickel, titanium, vanadium, and tungsten, as crucial for its clean energy initiatives.

(Source: ET)

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..