Prime Minister Modi, on his visit to the United States to meet with President Joseph Biden, prioritized pathways for both countries to work together on advancing the goals of energy transition. On this visit, Prime Minister Modi announced that India will join the United States-led Mineral Security Partnership (MSP) as part of a multi-country platform to support critical mineral supply chains. This has created a dynamic of creating collaborative pathways around critical mineral production, processing and recycling with an overall objective of maximizing economic development and leveraging geological resources accessible to different countries. By adhering to the highest standards of environmental, social, and governance practices, the MSP seeks to stimulate both governmental and private sector investments in strategic opportunities throughout the entire value chain. India joining this platform hold significant implication for India and for the global supply chain of critical minerals.
Within India’s energy transition goals, a significant priority for India has been put on expanding manufacturing and access to electric vehicles (EVs).
