Piyush Goyal urges energy storage industry to reduce dependence on imports from certain countries.
He suggests focusing on research and development for creating innovative products and exploring newer technologies to cut overdependence on imports for self-sufficiency.
Goyal emphasizes the need to look at alternative sources of supply to prevent overdependency on specific geographies, especially in light of challenges faced by sectors like auto due to restrictions imposed by China.
The minister highlights the importance of industry stakeholders working together to develop charging and battery swapping infrastructure for faster EV adoption and to explore opportunities for expansion in manufacturing critical minerals and semiconductors.