Govt incentives key to expediting India’s rare earth production: Aditya Welekar

India is reducing its dependence on Chinese rare earth imports. This initiative aims to boost domestic production of these critical materials. Companies like Hindustan Zinc and GMDC are exploring rare earth projects. Government support is expected to expedite these ventures. Bridging the technological and scale gap with China will require time. This move could bolster India’s long-term production capabilities.