India’s clean energy push is getting stronger as the country focuses on critical minerals under its long-term development roadmap.
The clean energy transition is now tightly linked with the Viksit Bharat 2047 vision, where critical minerals are seen as the backbone of electric mobility, renewable power, and advanced manufacturing.
The move comes as global demand for clean energy technologies rises sharply. From electric vehicles to solar storage systems, industries depend on minerals like lithium, cobalt, nickel, graphite, and rare earth elements. India’s strategy aims to secure these inputs to support its clean energy growth story.
India’s reliance on imports for key minerals remains a major concern. This creates exposure to global supply shocks, price volatility, and geopolitical risks. To reduce this dependence, the country is building a stronger domestic supply chain.
Key drivers behind this shift include:
Critical minerals are now treated as strategic assets, similar to how oil once shaped global energy power.
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Batteries sit at the core of India’s clean energy transition. They decide how efficiently renewable energy is stored and how quickly electric mobility can scale.
The strategy is expanding across the full value chain:
This approach aims to reduce import reliance and build a self-sustaining clean energy ecosystem.
The Viksit Bharat 2047 vision focuses on transforming India into a developed and self-reliant economy. Clean energy plays a central role in this plan, with critical minerals acting as a key enabler.
Expected outcomes include:
This marks a shift from product-focused growth to full value-chain control.
The clean energy transition is opening multiple business layers beyond mining. The opportunity spans across extraction, processing, manufacturing, and recycling.
Key segments gaining attention:
This creates space for both large industrial players and emerging clean-tech startups.
Global supply chains for critical minerals are highly concentrated in a few countries. This has increased competition among nations to secure stable access.
India’s approach focuses on:
The strategy aligns with the global shift toward electrification and decarbonization.
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