After India’s discovery of 15 rare earth metals in Andhra Pradesh, India has again proved itself a Golden bird after the recent discovery of Lithium in Rajasthan. The reserves found in Degana (Nagaur) area of Rajasthan raises hopes for India to reduce its dependence on China for lithium imports, as China currently dominates the global supply chain for lithium and also paves the way for increased production and usage of electronic items including electric vehicles.
Although it is still unclear how much lithium has been found in Rajasthan, it could be a game-changer for India’s push towards electric mobility and hence helpful in reducing its carbon footprint as well. To know more about the utility of the new breakthrough discovery, read the following write-up
India’s Lithium Discovery in Rajasthan have the potential to revolutionize India’s domestic manufacturing industry and its push for electric transportation. Currently, China, Australia, and Chile are the main sources of lithium imports for India.
India could decrease its reliance on imports and have more control over its supply chain for lithium-ion batteries if it had its own source of lithium. As a result, the risks posed by supply-chain disruptions and price volatility may be reduced, and the domestic industrial sector will have a consistent and secure supply of lithium.
Furthermore, having control over its lithium-ion battery supply chain would give India a competitive edge on the international market. India might make lithium-ion batteries at a lower cost due to its native lithium reserves, which would lower the price of electric automobiles and other products that use these batteries. Not to forget, this might lead to more employment prospects in India’s local manufacturing sector, fostering economic growth.
The finding of lithium riches in Rajasthan has numerous potential applications for reducing India’s carbon footprint.
Firstly, it might promote the use of electric vehicles, which generate a lot fewer greenhouse gases than cars that run on fossil fuels. Secondly, domestic production of lithium-ion batteries would reduce the carbon emissions associated with their transportation, which is currently required for large-scale imports.
Last but not least, the creation of novel lithium-ion battery-based solutions might further reduce India’s dependency on fossil fuels and advance the use of renewable energy sources. Examples include grid-level energy storage and solar-powered microgrids.
India might create cutting-edge goods and solutions that could help the nation in a number of ways if it had access to the most recent technologies and research in the field of lithium-ion batteries. Here are a few examples
(i) Energy storage- Renewable energy sources like solar and wind energy can be stored using lithium-ion batteries. India may be able to increase the amount of renewable energy it can integrate into the grid by developing lithium-ion batteries. India could be able to meet its energy needs in a sustainable and environmentally-friendly way.
(ii) Electric mobility- The creation of more effective and reasonably priced electric vehicles (EVs) may be made possible by the development of the best quality lithium-ion batteries. More Indians may be able to purchase EVs, thanks to a predicted drop in the price of lithium-ion batteries, more purchases will definitely reduce air pollution and reliance on fossil fuels.
(iii) Consumer electronics– Smartphones, laptops, and tablets are just a few examples of the devices that employ lithium-ion batteries. India may generate more effective and durable consumer electronics that would benefit customers and advance the electronics sector with the development of novel lithium-ion batteries.
(iv) Medical equipment- Other lithium-ion battery-powered medical equipment includes pacemakers and hearing aids. India could boost the effectiveness and accessibility of medical equipment for its inhabitants, enhancing public health outcomes, with the development of novel lithium-ion batteries.
Be it economical or environmental, India’s Lithium Discovery can prove extremely advantageous for the country. Job opportunities will increase, reliance on other countries for the metal will automatically reduce and the country’s economic condition will also improve.
Now we will be the one aiding other country with the supply of Lithium. We would be able to successfully reduce our carbon footprint and work for the sustainable development of the country.
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