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It is a time of intensifying global conflicts and increasingly fragmented supply chains, where cooperation has become not just desirable but essential to navigate geopolitically sensitive situations.
Tactical and value-driven cooperation ensures stability, predictability, and resilience. Critical minerals are a crucial leg of this story.
In this light, Chintan Research Foundation convened a #Webinar to explore how India and the European Union frame their supply chain risk and resilience strategies and highlighted the avenues of potential collaboration on critical minerals.
In conversation with Mr. Sadiq, Director, National Critical Minerals Mission, @MinistryofMines, and our esteemed panellists, @DrDellatte, Franziska Grüning, @DrRajeshChadha1, and @rahulkanuganti, moderated by Debajit Palit, PhD, the discussion explored how India and the EU are approaching supply chain resilience across governance, trade, and industry.
Webinar Key Takeaways:
- EU energy security is increasingly contingent on strategic partnerships: In a decarbonised world, the EU's energy security will depend on deepening external partnerships- particularly with India-to mitigate supply chain risks.
- Critical mineral demand is exponential, not linear: Demand growth is multiplicative and compounding with scale, requiring both India and the EU to plan for non-linear supply pressures.
- India and the #EU are structurally aligned as partners, with ~60% overlap in identified critical minerals and shared commitment to a rules-based order. India and the EU are natural partners in securing supply chains.
- Both India and the EU face significant challenges in scaling up refining and advanced manufacturing, limiting control over value chains.
- Despite 100% #FDI allowance in India, processing has been a missed "low-hanging fruit", now emerging as a key strategic priority.
- Financing is the primary bottleneck: across geographies, high capital costs, weak project bankability, and limited financing access are delaying critical mineral projects in both India and the EU.
Stay tuned with us for more research and dialogues on #CriticalMinerals!
@debajitpalit | @AkulRaizada | @CSEP_Org
#IndiaEU #CriticalMinerals #SupplyChainResilience #EnergyTransition #EconomicSecurity #Geoeconomics #ChintanResearchFoundation
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