National Minister G Kishan Reddy said on Thursday that India’s new National Critical Mineral Mission will be a key driver of the country’s future tech and clean‑energy plans. Speaking at the Indian Chamber of Commerce’s annual meeting, the minister explained that the Mission will help India become self‑reliable in core industries such as electric‑vehicle batteries, solar panels, semiconductors and defence hardware.
India still imports most of its critical minerals, leaving it exposed to geopolitical shifts and supply‑chain gaps. The Mission, launched in January 2025, tackles these risks by boosting domestic exploration, processing and recycling of essential metals. Earlier this month, the Union Cabinet approved a ₹1,500‑crore incentive scheme to build recycling capacity, which is part of the broader Mission strategy.
The government plans to spend ₹16,300 crore on the Mission and expects private companies and public‑sector units to invest an extra ₹18,000 crore. By securing domestic sources of minerals that power solar panels, wind turbines, EVs and energy‑storage systems, India aims to secure its economic growth and national security.
Minister Reddy also highlighted recent reforms in the coal and mining sector, noting a historic milestone of producing one billion tonnes of coal. He urged continued reforms, infrastructure investment and private‑sector participation to keep India’s push for self‑reliance strong. ()
Source: aninews
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