Kishan Reddy pushes for indigenous manufacturing in EV sector, self sufficiency in critical minerals

Union Coal and Mines Minister G. Kishan Reddy has emphasized the importance of indigenous manufacturing and self-sufficiency in critical minerals within the Electric Vehicle (EV) sector. Speaking at the launch of KETO Motors' commercial bus, Reddy highlighted the supply issues caused by China's disruption of mineral imports and announced the National Critical Mineral Mission, with a budget of ₹34,000 crore, to address this challenge.

He further emphasized that the government is actively acquiring mining blocks in countries with viable mineral resources to ensure India's self-reliance in critical minerals such as lithium, cobalt, nickel, and copper, which are vital for various sectors including EVs, solar panels, semiconductors, defence, and AI.

Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.