India's critical minerals' list likely to spur investment in allied sectors

The businesses will start investing initially. But for their requirements in the long term, experts expect joint ventures with global extracting, processing, and manufacturing companies for now

The declaration of India’s first critical minerals' list and its entry into the US-led Minerals Security Partnership can play a significant role in encouraging investments in related businesses, said industry experts. This can result in enhancing the cost competitiveness of Indian firms at the global scale.

Experts from related businesses feel that with the critical minerals report, the country’s resource potential, policy framework, and technological and R&D needs have clearly been determined. This would lead to players putting in money.

“By offering a clear roadmap and reducing uncertainties, the report can facilitate increased investment in business sectors associated with critical