1. India has identified 24 critical minerals, including lithium, nickel, cobalt, graphite and rare earth elements. These minerals are important for electric mobility, battery storage, electronics, telecommunications, defence and clean energy technologies. India’s dependence on imported refined minerals and high-purity materials creates supply-chain risks due to geographically concentrated global processing capacity.
2. The CAPEX Support Scheme to Promote Critical Mineral Processing was approved by the Union Cabinet on 4 November 2026. It has a total financial outlay of ₹2,814 crore and will operate for five years, from FY 2026–27 to FY 2030–31. The scheme is fully funded through budgetary support from the Government of India and aims to strengthen domestic lithium and nickel processing capabilities.
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