Ajai Chowdhry, Co-Founder of HCL and Chairman of the National Quantum Mission, has warned that China's dominance over rare earth elements poses a serious strategic risk to global manufacturing, including India's ambitions in electric vehicles (EVs) and advanced technologies.
India is moving ahead to secure its rare earth supply chain, a critical component of its clean energy and electric mobility transition. A new report titled "From Extraction to Innovation" by Primus Partners outlines a comprehensive roadmap to achieve self-reliance in rare earth magnets under
The Ministry of External Affairs said that India is in touch with China on several economic and trade issues, including the supply chain issue of rare earth materials.
India on Thursday said it is in touch with the Chinese side, seeking predictability in the supply of rare earth metals -- which had been put under the export controls regime by the Xi administration.