Phase IFoundation
Background
Overview
Crucial for India's economic growth, technological sovereignty, national security, and achieving climate goals, impacting trade balances and industrial policy.
Critical minerals are essential for modern technologies, renewable energy, defense, and high-tech industries, but their supply chains are often concentrated and vulnerable to geopolitical risks. Resource security refers to a nation's ability to ensure a stable and sufficient supply of these vital materials, often involving strategies like domestic exploration, international agreements, and circular economy approaches such as urban mining.