Provision of both capital expenditure (Capex) and operational expenditure (Opex) subsidies under Rs 1,500 crore incentive scheme for Critical Mineral Recycling will accelerate the establishment of advanced recycling infrastructure, said industry body India Energy Storage Alliance (IESA) whil
India needs to urgently bridge critical gaps in its mineral ecosystem to achieve self-reliance in clean energy and advanced manufacturing, said Dr Vilas Tathavadkar, Chief Technology Officer, Hindalco Industries Ltd.
India's ambitions to become a global leader in clean energy and advanced manufacturing hinge on a forward-looking approach to critical minerals, rooted in smart policy, AI-driven exploration, and sustainable practices, said Arun Misra, Chairman of the CII National Committee on Mining and CEO
Critical minerals are set to shape India's energy, technology and industrial future, with industry leaders stressing the need for urgent action to bridge policy, skill, and infrastructure gaps.
Government think tank, Niti Aayog member Arvind Virmani on Thursday emphasised the importance of addressing the concentration of critical mineral supply largely controlled by one country, leading to concerns about monopolies and the need for a competitive supply chain.
Speaking with ANI, Keven Cheng, Deputy Director of TAITRA, said that Taiwan is keen on sourcing rare earth minerals from India. Rare earth elements are vital for sectors like electric vehicles, renewable energy, and defence.
Union Coal and Mines Minister G Kishan Reddy on Friday said that the critical mineral mission will lead to significant progress in the exploration of critical minerals.
The Federation of Indian Chambers of Commerce and Industry (FICCI) President, Harsha Vardhan Agarwal, lauded the government's decision to approve the Rs 1,500 crore Incentive Scheme to promote Critical Mineral Recycling in the country and termed it a "landmark step."
The Union Cabinet, chaired by Prime Minister Narendra Modi, on September 3, approved a Rs 1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a Rs 1,500 crore Incentive Scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.