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India urged to create critical minerals department to cut China reliance and boost green energy supply.
The PHD Chamber of Commerce and Industry is urging India to create a dedicated Department of Critical Minerals to secure its supply chain, reduce reliance on China, and support its energy transition.
Experts highlighted the need for strategic stockpiling, private investment incentives, inter-ministerial coordination, and partnerships with resource-rich nations like Congo, Mozambique, and countries in Latin America.
They stressed including coking coal in the list of critical minerals due to high import dependence and rising costs, and emphasized building domestic processing capacity amid surging demand from electric vehicles and renewable energy technologies.
India exhortó a crear un departamento de minerales críticos para reducir la dependencia de China y aumentar el suministro de energía verde.