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ET Auto: India’s Critical Mineral Strategy for Strengthening the EV Revolution through Global Partnerships

By October 9, 2023October 11th, 2023No Comments

Subhabrata Sengupta, Partner at Avalon Consulting, shared insights at the PHD Chamber of Commerce & Industry’s Electric Vehicles Conclave, highlighting India’s dependence on imported critical materials for its EV industry. He emphasized the importance of securing a resilient supply chain for critical minerals. Notably, India recently joined the US-led mineral security partnership, signifying a milestone in building a reliable supply chain. Furthermore, India and Australia have signed the Critical Minerals Investment Partnership, reinforcing their commitment to investment and supply chain development. These developments are crucial steps in ensuring the success of India’s electric mobility journey.

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