India's Critical Minerals Expansion Initiative

03 May 2024 CW Team

Key initiatives include the auctioning of mineral blocks rich in critical elements such as lithium, cobalt, and rare earth metals. These auctions provide an opportunity for both domestic and international companies to participate in the exploration and extraction of these crucial resources, fostering competition and innovation in the sector.

Moreover, partnerships with industry players are being forged to leverage expertise, technology, and investment for sustainable development of mineral resources. Collaborative ventures between government agencies, private enterprises, and research institutions are expected to drive efficiency and productivity in the extraction and processing of critical minerals.

The expansion of India's critical minerals sector holds immense potential for various industries, including renewable energy, electric vehicles, electronics, and defence. With the global demand for these minerals projected to soar in the coming years, India's enhanced production capabilities will not only meet domestic needs but also position the country as a significant player in the international market.

Furthermore, the emphasis on responsible and environmentally sustainable mining practices underscores India's commitment to balancing economic growth with ecological preservation. By adhering to stringent environmental regulations and adopting best practices, the country aims to minimise the environmental impact of mineral extraction and ensure the long-term viability of its natural resources.

In conclusion, India's strategic initiatives to expand its critical minerals sector are poised to bolster the nation's industrial capabilities, foster innovation, and drive sustainable economic growth. With a focus on domestic production, partnerships, and responsible mining practices, India is laying the groundwork for a robust and resilient minerals industry that will fuel its development journey for years to come.

India is embarking on a strategic journey to bolster its critical minerals sector, recognising the pivotal role these resources play in driving economic growth and industrial development. The recent push by the Indian government underscores its commitment to harnessing domestic resources, reducing reliance on imports, and promoting self-sufficiency in vital mineral supplies. Key initiatives include the auctioning of mineral blocks rich in critical elements such as lithium, cobalt, and rare earth metals. These auctions provide an opportunity for both domestic and international companies to participate in the exploration and extraction of these crucial resources, fostering competition and innovation in the sector. Moreover, partnerships with industry players are being forged to leverage expertise, technology, and investment for sustainable development of mineral resources. Collaborative ventures between government agencies, private enterprises, and research institutions are expected to drive efficiency and productivity in the extraction and processing of critical minerals. The expansion of India's critical minerals sector holds immense potential for various industries, including renewable energy, electric vehicles, electronics, and defence. With the global demand for these minerals projected to soar in the coming years, India's enhanced production capabilities will not only meet domestic needs but also position the country as a significant player in the international market. Furthermore, the emphasis on responsible and environmentally sustainable mining practices underscores India's commitment to balancing economic growth with ecological preservation. By adhering to stringent environmental regulations and adopting best practices, the country aims to minimise the environmental impact of mineral extraction and ensure the long-term viability of its natural resources. In conclusion, India's strategic initiatives to expand its critical minerals sector are poised to bolster the nation's industrial capabilities, foster innovation, and drive sustainable economic growth. With a focus on domestic production, partnerships, and responsible mining practices, India is laying the groundwork for a robust and resilient minerals industry that will fuel its development journey for years to come.

Infrastructure Energy

19 Sep 2025

Oil India Expects $20bn Mozambique LNG Project Restart This Year

India’s state-run Oil India Ltd expects the $20-billion Mozambique liquefied natural gas (LNG) project, operated by TotalEnergies and in which it holds a stake, to resume development by the end of 2025, Chairman Ranjit Rath said on Thursday.Construction was halted in 2021 and force majeure was imposed following a deadly attack on the site by Islamic State-linked insurgents.“With improved security conditions, the project is expected to restart in the second half of 2025 and is well-positioned to meet the growing demand of the Indian gas market,” Rath stated at the company’s annual share..

Infrastructure Urban

19 Sep 2025

India’s Exports Expected to Grow 6 Per Cent This Year

Union Commerce Minister Piyush Goyal on Wednesday stated that India’s exports are expected to grow by around 6 per cent this year, ultimately concluding on a positive note.“India’s exports would grow by around 6 per cent this year compared to the corresponding period last year. I believe we will end the year on a positive note,” Goyal said in Mumbai.His remarks come amid concerns over the United States’ plan to impose a 50 per cent tariff on Indian goods, including a 25 per cent duty on imports linked to Russian oil.In FY25, India’s exports reached a record $824.9 billion, up 6.01 ..

Building Material

19 Sep 2025

India Launches Rs 50 Billion Scheme to Cut Steel Emissions

India plans to roll out a Rs 50 billion ($570 million) programme to encourage steel producers to reduce emissions, a senior government official stated. The scheme will particularly target smaller firms, which contribute nearly half of the nation’s steel output, Sandeep Poundrik, Secretary of the Steel Ministry, said at the FT Energy Transition Summit in New Delhi on Wednesday.Steel demand in India is rising due to a wave of infrastructure projects and growing housing requirements. While many small steel plants are being established because they are easier to set up, they are also highly poll..