India’s diversification of energy sources and enhancing access to critical minerals are crucial for the country’s economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday.
Addressing the AIMA Leadership Conclave, Narendran termed India’s energy and critical minerals diversification move as a “layered vulnerability”.
“The challenge is obvious while we are diversifying our sources of energy and critical minerals, and we must; this diversification is also a layered vulnerability, not just dependence on imports but also dependence on political goodwill that allows these imports to flow,” he said.
He further noted that this decade began with the pandemic, an enormous disruption that forced governments to act swiftly, spurred rapid advances in science and pushed businesses and societies to adapt and find ways to cope.
Referring to the Covid-19 crisis, he said the pandemic was followed by a succession of shocks — fractured​India’s diversification of energy sources and enhancing access to critical minerals are crucial for the country’s economy, but this shift has introduced new challenges, Tata Steel CEO and Managing Director T V Narendran said on Thursday.
Addressing the AIMA Leadership Conclave, Narendran termed India’s energy and critical minerals diversification move as a “layered vulnerability”.
“The challenge is obvious while we are diversifying our sources of energy and critical minerals, and we must; this diversification is also a layered vulnerability, not just dependence on imports but also dependence on political goodwill that allows these imports to flow,” he said.
He further noted that this decade began with the pandemic, an enormous disruption that forced governments to act swiftly, spurred rapid advances in science and pushed businesses and societies to adapt and find ways to cope.
Referring to the Covid-19 crisis, he said the pandemic was followed by a succession of shocks — fractured ​Latest News [ SOBAN NEWS: International and National ]
