ReferIndia News India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources say

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India to soon unveil incentives for lithium, nickel processing with around Rs 3,000 crore outlay, sources say

Published on: June 4, 2026, 10:19 a.m. | Source: The Economic Times

India's Ministry of Mines is preparing to introduce a new policy. This policy will offer incentives for processing lithium and nickel. The initiative has an estimated outlay of 30 billion rupees. This move is crucial for India's electric vehicle goals. The nation aims for significant electric car and two-wheeler penetration by 2030.

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