New Delhi, Aug. 26 -- India needs to work on a two-pronged strategy to secure a strategic position in the critical mineral space, said Abhishek Bhatia, Managing Director and Partner, Boston Consulting Group (BCG).

BCG's Abhishek Bhatia suggested that India can become self-reliant in critical minerals through two approaches: first, by promoting domestic mining of these minerals, and second, by securing strategic partnerships with countries that have abundant rare earth resources.

"As the Prime Minister has said, we need to be self-reliant and up-to-date on these rare earth minerals as well, whether it is mining in India or taking strategic stakes in countries which have these rare earth vendors. I think both things India needs to do," Bh...