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India is focusing on renewable energy and electric vehicles (EVs) as key components of its sustainable future. A major factor in realizing these ambitions is the use of batteries to store renewable energy. Lithium-ion batteries, currently the global standard for energy storage, play a crucial role in this effort.
The materials used in these batteries are essential, and India sees significant potential in tapping into the battery sector to strengthen its critical minerals supply chain. By effectively utilizing and managing these batteries, India has the opportunity to reduce its reliance on imports for essential battery materials, potentially establishing a more self-sufficient ecosystem.
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