Lithium discovery in J&K: At PHDCCI conclave, J&K govt invites domestic, foreign investment

New Delhi, March 28: Lithium reserves in J&K are a game changer – members of PHDCCI, including those from J&K, said today while discussing business potential of this development at a meet held at New Delhi today.

“The Discovery of Lithium Reserves in J&K: A Game Changer for India at PHD House, New Delhi was organised by PHDCCI Renewable Energy Committee and Jammu Kashmir Chapter”, a spokesperson told Ziraat Times.

The Chief Guest Amit Sharma, IAS, Secretary, Mining and Geology, Government of J&K, informed that his Government will move at a very fast pace and in systematic way in starting sustainable Lithium mining activities in Jammu, the spokesperson further said.

“He welcomed foreign as well as domestic investments and assured that his department will do its best to develop a lithium ecosystem to create new business and employment opportunities for local population.”

Guest of Honour, Sudhendu J Sinha, IRTS, Adviser, NITI AAYOG, informed that this discovery will indeed be a game changer for India and will facilitate EV adoption in India. He told that the PLI scheme for Advanced Chemistry Cells has been a huge success. The Government is bringing policies to make India a global manufacturing hub of EVs, laptops and batteries.

Saket Dalmia, President, PHDCCI, delivered the Presidential Remarks and emphasised on sustainability and told that members should come forward to explore new investment opportunities coming up in Lithium mining.

Devansh Jain, Chair, RE Committee, in his Welcome Address informed that the discovery of Lithium in Jammu Region will help in India becoming Atmanirbhar in getting supplies of Lithium which is essential for EVs and RE sector.

Rahul Sahai, Chair, Jammu Chapter, said that the discovery of Lithium will help in boosting the local economy and creating new jobs in Jammu Region. Sahai said Discovery of Lithium has added more glory to Jammu also said that related industries should promoted at the most with maximum of local employment .

Tanuj Sharma of Feedback Infra and also the Knowledge Partner, in his presentation explained the international scenario of Lithium availablity and threw light on its mining process.

Shreyas Nitin, Head – Manufacturing, Triton EV India, spoke about the innovations done by his company in USA and India. His company is soon going to launch EV trucks in India and in some time Hydrogen Trucks as well.

A Panel Discussion, moderated by  Shamsher Dewan, Sr VP ICRA, was also organised which had Neeraj Singal, Director, SEMCO Group, Rajiv Rao, Business Head GFCL EV Products, Maj Gen Dr Shri Pal, Founder, Bunkerman and Mr Rohit Pathania of OMI Foundation as panelists.

Col Saurabh Sanyal, CEO & SG, in his Opening Remarks spoke about the significance of the discovery of Lithium in Jammu for India.