Narendra Modi|Nov 04, 2026 12:00
Do you feel India should depend on other countries for processing the critical minerals that power our future?
I certainly don’t!
Lithium, nickel, cobalt…these are essential for EVs, batteries, electronics and defence. Yet, we remain heavily dependent on imports of refined materials.
To address this, the Cabinet has approved a scheme to change this.
Key highlights:
New critical mineral processing plants.
Capital subsidy to boost investment.
Greater domestic value addition.
Stronger supply chains.
The principle is clear...India must have capabilities to build technologies of the future!
https://www.pib.gov.in/PressReleaseDetail.aspx?PRID=2332476®=48&lang=1
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