As demand for critical industrial inputs continues to rise, Commerce and Industry Minister Piyush Goyal has said that the Government is stepping up efforts to strengthen the resilience of supply chains and reduce sourcing concentration across critical sectors. Goyal said energy, fertilisers, electronics, semiconductors, pharmaceuticals, medical devices and critical minerals have been identified as strategic manufacturing sectors requiring stronger supply-chain resilience and greater diversification.
He further noted that the government is strengthening India’s energy security through higher domestic production, diversified sourcing and expanded refining infrastructure, while also promoting ethanol blending, biofuels, strategic petroleum reserves and renewable energy. Further, domestic fertiliser production met nearly 73 per cent of the country’s overall requirement in 2025.
Highlighting the importance of critical minerals, Goyal said minerals such as lithium, cobalt, nickel, graphite, rare-earth elements and copper are essential for clean-energy technologies, electric vehicles, electronics, semiconductors and advanced manufacturing. He said the National Critical Mineral Mission seeks to secure both domestic and overseas supplies while strengthening the entire value chain, from exploration and mining to processing, recycling and advanced manufacturing. He also added that critical minerals are also being prioritised in India’s trade and investment engagements, including free trade agreement negotiations.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: