Days after a US-led ‘Pax Silica initiative’ excluded India from the rare earths alliance, JSW Group Chairman Sajjan Jindal on Friday called for increased focus on domestic exploration of minerals.
Jindal, who leads the USD 23 billion conglomerate having interests in steel and also electric vehicles, said India has sufficient reserves of rare earths.
“We have a lot of rare earth in our country. We have not worked on it very diligently. So therefore, we have not explored the rare earth mineral wealth in our country,” he said.
“But now, after the shock we got from China, I think the country is sincerely working to see that we develop our rare earths,” Jindal added.
On the country’s exclusion from the Pax Silica initiative, he suggested that developing our own strengths is the way forward.
“India has to develop its own. Atmanirbhar Bharat is a very important aspect and we have to (work),” Jindal told reporters on the sidelines of the World Hindu Economic Forum here.
It can be noted t​Days after a US-led ‘Pax Silica initiative’ excluded India from the rare earths alliance, JSW Group Chairman Sajjan Jindal on Friday called for increased focus on domestic exploration of minerals.
Jindal, who leads the USD 23 billion conglomerate having interests in steel and also electric vehicles, said India has sufficient reserves of rare earths.
“We have a lot of rare earth in our country. We have not worked on it very diligently. So therefore, we have not explored the rare earth mineral wealth in our country,” he said.
“But now, after the shock we got from China, I think the country is sincerely working to see that we develop our rare earths,” Jindal added.
On the country’s exclusion from the Pax Silica initiative, he suggested that developing our own strengths is the way forward.
“India has to develop its own. Atmanirbhar Bharat is a very important aspect and we have to (work),” Jindal told reporters on the sidelines of the World Hindu Economic Forum here.
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