India is set to bolster its critical minerals sector with a significant investment of $1.88 billion, aimed at enhancing domestic production and reducing reliance on imports. This initiative is part of the National Critical Mineral Mission, which seeks to secure essential resources for green technologies and energy transition. The plan includes exploration and extraction of vital minerals like lithium and cobalt, crucial for electric vehicles and renewable energy systems. This strategic move positions India as a key player in the global clean energy landscape.
Source: India Times, Hocal Wire