Speaking at the 6th International Energy Conference and Exhibition in New Delhi, Singhvi said, 'The government of India has recently signed a memorandum of understanding with Argentina for critical minerals. Currently, India heavily relies on China for critical mineral imports, particularly for lithium, cobalt, nickel, and graphite. Said SinghviThis strategy aims to enhance domestic capacity, strengthen supply chain resilience, and facilitate the acquisition of overseas mineral assets to secure India's future mineral supply. China is a major supplier of these critical minerals to India, controlling a large portion of the global market. We are encouraging the Indian government and the Indian private sector at every level of the Indian sector to think ahead and secure the critical minerals they need by sort of entering into our economy,' he said.