Critical Minerals for India: Assessing their Criticality and Projecting their Needs for Green Technologies

Abstract:

While India would need to rely on imports for green technologies over the next two decades, further work must be done to better utilise the available minerals within the country for its longer-term needs.
India can be better prepared by laying the groundwork for exploring and mining. There are some minerals of which India has no known resources and for these the country must focus on securing supply chains for these minerals and acquiring foreign mineral assets to ensure their continuous supply.

Key Takeaways:

• India needs critical minerals to meet its climate change mitigation objectives
• Domestic mining alone is not currently enough to meet the green technology manufacturing
requirements
• Further work must be done to better utilise the available minerals within the country for its longer term needs
• The country must focus on securing supply chains for critical minerals and acquiring foreign mineral assets to ensure their continuous supply