India needs to mine 12 critical minerals to up its manufacturing capabilities says new study – by Aradhna Wal (BNA – July 21, 2016)

For India’s manufacturing sector to grow and for the country to transition to from a low to middle technology manufacturer to a high-tech one, twelve ‘critical, non-fuel minerals’ could play a key a role, said a new government funded report.

Released by the Centre for Energy, Environment and Water (CEEW), funded by the Department of Science and Technology (DST), it focused on upping India’s manufacturing capabilities, by 2030, in a “range of industries and modern applications” such as “aerospace, automobiles, cameras, defece, entertainment systems, laptops, medical imaging, nuclear energy, and smartphones.”

Some of the critical minerals are beryllium, germanium, rare earths (heavy and light), rhenium, tantalum.

The report also shone a light on the government’s keen interest in expanding mining in the country, coming, as it does, on the heels of the centre’s new National Mineral Exploration Policy, 2016 which focusses on “prioritisation of regional and detailed exploration critical minerals of importance to industry and national security”.

Speaking at the release, Secretary Mines, Balvinder Kumar said that the Minister for Mines, Piyush Goel, was committed to raising the mining industry’s GDP ratio by one per cent from its current 2.4 per cent.

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