Phase IFoundation
Background
Overview
This concept is crucial for understanding India's economic sovereignty, energy security, national defence capabilities, and its ability to achieve decarbonization goals. It highlights the interplay between industrial policy, international relations, and technological self-reliance in a globally competitive environment.
Critical minerals are essential raw materials for modern technologies, including renewable energy, electronics, defence, and electric vehicles. Their limited availability, concentrated supply chains, and geopolitical significance make them crucial for a nation's economic security, technological sovereignty, and energy transition goals.