Modi says Cabinet approved scheme so India can process critical minerals at home
Briefing by News4U · First published
Today Narendra Modi said on X that India should not depend on other countries for processing the critical minerals that power its future, writing “I certainly don’t!” He said lithium, nickel and cobalt are essential for EVs, batteries, electronics and defence, yet India remains heavily dependent on imports of refined materials. To address this, he said the Cabinet has approved a scheme featuring new critical mineral processing plants, capital subsidy to boost investment, greater domestic value addition and stronger supply chains, adding that “India must have capabilities to build technologies of the future!” [1]