BusinessPhoto: Hindu BusinessIndia Approves ₹2,814 Crore Scheme for Lithium and Nickel Processing
The Union Cabinet approved a ₹2,814-crore capital expenditure scheme to develop domestic lithium and nickel processing facilities over five years. The initiative aims to strengthen India's critical mineral ecosystem, reduce import dependence, and boost manufacturing. Union Minister G. Kishan Reddy highlighted the scheme's role in enhancing domestic capabilities. India is also negotiating lithium block acquisitions in Australia, Chile, and Argentina, encouraging private sector exploration abroad.
Hindu Business··New Delhi



