Piyush Goyal Calls China's Rare Earth Curbs A 'Wake-Up Call' For India's Supply Chain Shift
In today's episode of India Global, India is preparing to ensure its place in rare earth minerals, which are necessary for a vast array of technologies from smartphones to defense systems. China's recent imposition of restrictions on exporting rare earth metals to Japan has created apprehensions globally, as China controls the world supply of these metals. India's Minister of Commerce and Industry Piyush Goyal has termed these developments a 'wake-up call' for the country to move towards establishing alternative supply chains for rare earths and to reduce its reliance on China. NDTV's Gaurie Dwivedi speaks with economist and trade expert Amir Ullah Khan to discuss this and more.
