India Approves 297M Lithium and Nickel Policy
India approved a 297 million dollar incentive policy to boost domestic processing of lithium and nickel. The program aims to reduce reliance on Chinese supply chains and support key industries.
India approved a 28.14 billion rupee ($297 million) incentive policy on Wednesday to boost domestic lithium and nickel processing. The programme aims to curb reliance on supply chains dominated by China. Domestic processing infrastructure will strengthen national security and insulate key industries from geopolitical price volatility.
