China limits its techmetal supply to india
1
China limits its tech metal supply to India According to Avinash Chander, DRDO chief and Scientific Advisor to Defence Minister of India, China is restricting the supply of technology metals and certain other metals, as part of its plan to limit India’s military capability. These metals are of vital importance in the development of several defence equipments and weapons. China was adopted the same strategy restricting the supply of technology metals to Japan in 2010 after a political dispute. In addition to technology metals, China has also blocked the supply of basic metals like Tungsten. Tech metals are fundamental components of sensors, actuators, communications and navigation systems and so forth for use in defence equipment. China holds a commanding monopoly over world technology metal supplies, controlling about 95 percent of mined production and refining. India doesn’t have the sufficient stock or supply of some of the finished metals for use in assembly of defense equipments. Actually there is a high demand due to China’s restricted supply, and the technology which India had developed for Tungsten was set aside due to economic compulsions. India’s tech metal ore stocks are really very weak but can’t avoid exploitation due to the high requirements. The country is in look for alternative solutions to deal with China’s strategies but it doesn’t have the capability or quality ores. According to Mr. Chander, India needed to setup a defense metals resource stock for emergency situations. He added that India need to invest in capability infrastructure creation if we want to go for manufacture of high end equipment. The country is still working with German and French companies to bring home this technology. About Electio Middle East Electio Middle East is an international commodity brokerage focusing primarily on Technology Metals. Electio is the largest brokerage in its sector and the first company worldwide to offer a niche investment platform enabling judicious investors to diversify their portfolios into the Tech Metals Sector.
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Transcript of China limits its techmetal supply to india
China limits its tech metal supply to India
According to Avinash Chander, DRDO chief and Scientific Advisor to Defence Minister of
India, China is restricting the supply of technology metals and certain other metals, as
part of its plan to limit India’s military capability. These metals are of vital importance in
the development of several defence equipments and weapons. China was adopted the
same strategy restricting the supply of technology metals to Japan in 2010 after a
political dispute.
In addition to technology metals, China has also blocked the supply of basic metals like
Tungsten. Tech metals are fundamental components of sensors, actuators,
communications and navigation systems and so forth for use in defence equipment.
China holds a commanding monopoly over world technology metal supplies, controlling
about 95 percent of mined production and refining.
India doesn’t have the sufficient stock or supply of some of the finished metals for use in
assembly of defense equipments. Actually there is a high demand due to China’s
restricted supply, and the technology which India had developed for Tungsten was set
aside due to economic compulsions.
India’s tech metal ore stocks are really very weak but can’t avoid exploitation due to the
high requirements. The country is in look for alternative solutions to deal with China’s
strategies but it doesn’t have the capability or quality ores.
According to Mr. Chander, India needed to setup a defense metals resource stock for
emergency situations. He added that India need to invest in capability infrastructure
creation if we want to go for manufacture of high end equipment. The country is still
working with German and French companies to bring home this technology.
About Electio Middle East
Electio Middle East is an international commodity brokerage focusing primarily on
Technology Metals. Electio is the largest brokerage in its sector and the first company
worldwide to offer a niche investment platform enabling judicious investors to diversify
their portfolios into the Tech Metals Sector.
