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India, Namibia identify critical minerals as key area for trade and investment push

The two nations agree to collaborate across the entire mining value chain during trade talks in New Delhi, while expanding ties in fintech, healthcare, and an upcoming Southern African trade deal.

India, Namibia identify critical minerals as key area for trade and investment push

India and Namibia have agreed to collaborate on critical minerals such as lithium, graphite, copper, cobalt, and rare earth elements as part of their economic partnership. This move aims to secure mineral supplies, promote local processing, and create jobs. The countries plan to work together from exploration to processing and downstream activities.

The joint trade committee meeting in New Delhi discussed expanding bilateral trade beyond raw materials to include value-added products. India's exports of engineering goods to Namibia increased by 124.06% in 2025-26, while pharmaceutical exports totaled $36.50 million. Both countries will designate investment focal points and form working groups on services, healthcare, and energy.

Digital cooperation and a fintech agreement are also on the agenda. This collaboration aligns with India's strategy to diversify supply chains for critical minerals used in clean energy, advanced manufacturing, and technology.

Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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