India's Critical Minerals Demand Surges Amid Net-Zero Drive
ECONOMY & POLICY

India's Critical Minerals Demand Surges Amid Net-Zero Drive

India's commitment to achieving net-zero carbon emissions by 2070 has spurred a significant uptick in the demand for critical minerals essential for renewable energy technologies. These minerals, including lithium, cobalt, and rare earth elements, are integral to the production of batteries, solar panels, and wind turbines. The transition towards clean energy sources is driving this surge, with the country targeting a substantial increase in renewable power capacity.

According to experts, India's reliance on imported minerals is expected to grow substantially as domestic reserves may not suffice to meet the escalating demand. This shift underscores the need for strategic partnerships and investments in mineral exploration and processing capabilities. Government initiatives such as the Production Linked Incentive (PLI) scheme for battery storage and the National Mission on Transformative Mobility and Battery Storage aim to bolster domestic manufacturing and reduce dependency on imports.

Moreover, addressing the environmental and social impacts of mineral extraction remains crucial. Sustainable mining practices and efforts to mitigate ecological footprint are becoming increasingly prioritised. The challenge lies in balancing economic growth with environmental stewardship, ensuring that India's pursuit of net-zero emissions aligns with global sustainability goals.

In conclusion, India's ambitious net-zero targets are reshaping its energy landscape and driving a surge in critical minerals demand. Strategic planning and international cooperation will be pivotal in meeting these challenges while advancing sustainable development in the energy sector.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

India's commitment to achieving net-zero carbon emissions by 2070 has spurred a significant uptick in the demand for critical minerals essential for renewable energy technologies. These minerals, including lithium, cobalt, and rare earth elements, are integral to the production of batteries, solar panels, and wind turbines. The transition towards clean energy sources is driving this surge, with the country targeting a substantial increase in renewable power capacity. According to experts, India's reliance on imported minerals is expected to grow substantially as domestic reserves may not suffice to meet the escalating demand. This shift underscores the need for strategic partnerships and investments in mineral exploration and processing capabilities. Government initiatives such as the Production Linked Incentive (PLI) scheme for battery storage and the National Mission on Transformative Mobility and Battery Storage aim to bolster domestic manufacturing and reduce dependency on imports. Moreover, addressing the environmental and social impacts of mineral extraction remains crucial. Sustainable mining practices and efforts to mitigate ecological footprint are becoming increasingly prioritised. The challenge lies in balancing economic growth with environmental stewardship, ensuring that India's pursuit of net-zero emissions aligns with global sustainability goals. In conclusion, India's ambitious net-zero targets are reshaping its energy landscape and driving a surge in critical minerals demand. Strategic planning and international cooperation will be pivotal in meeting these challenges while advancing sustainable development in the energy sector.

Next Story
Infrastructure Transport

Atal Setu Records Daily Traffic Below Projections in First Year

India’s longest sea bridge, Atal Setu, which connects Sewri in Mumbai to Chirle in Navi Mumbai, has reported an average daily traffic of 22,689 vehicles in its first year, falling short of the initial projection of 56,000 vehicles per day. The 22-kilometer bridge, inaugurated by Prime Minister Narendra Modi on January 12, 2024, was constructed at a cost of Rs 178.4 billion and is hailed as a milestone in Maharashtra’s infrastructure development. According to the Mumbai Metropolitan Region Development Authority (MMRDA), the Atal Setu, formerly known as the Mumbai Trans Harbour Link (MT..

Next Story
Infrastructure Transport

Railway Board Tightens Rules for Bridge Design After Pamban Lapses

The Railway Board has mandated all zones to inform the Commissioner of Railway Safety (CRS) about the special features of significant and innovative bridges during the design phase. This directive, issued on January 10, follows findings from Southern Circle Railway Safety Commissioner AM Chowdhary, who identified critical lapses in the construction of the newly built Pamban Bridge. The Pamban Bridge, India’s first vertical-lift rail bridge, connects the mainland to Rameswaram Island in Tamil Nadu. Its construction came under scrutiny last November when the CRS flagged issues prior to gr..

Next Story
Infrastructure Urban

IISc and Tata Group to Launch Rs 5 Billion Medical School in Bengaluru

The Indian Institute of Science (IISc), Bengaluru, and the Tata Group have announced a partnership to establish the Tata IISc Medical School on the IISc Bengaluru campus. As part of the collaboration, the Tata Group will contribute Rs 5 billion to support the development of the institution. The Tata IISc Medical School is envisioned as a centre of excellence that combines basic science and engineering with clinical research and medical education. It will specialize in areas such as oncology, cardiology, neurology, nephrology, diabetes and metabolic disorders, infectious diseases, integrat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000