In a major discovery, lithium reserves have been found in Rajasthan, which could significantly boost India's position in the global electric vehicle market. The discovery was made by the Geological Survey of India (GSI), which announced the finding on Thursday. According to the GSI, the lithium reserves were found in the Mandya district of Rajasthan, which is located in the northwestern part of India. The reserves are estimated to be around 10,000 tonnes and are expected to be of high quality.

Lithium is a critical element used in the production of lithium-ion batteries, which power electric vehicles. The global demand for lithium is expected to increase exponentially in the coming years as more and more countries shift towards clean energy and electric vehicles.

India, which is the world's third-largest oil importer, has been pushing for the adoption of electric vehicles to reduce its dependence on fossil fuels. However, the lack of indigenous lithium reserves has been a major hurdle in the country's efforts to build a thriving electric vehicle industry. The discovery of lithium reserves in Rajasthan is, therefore, a significant development for India. It could help the country reduce its dependence on imports and become more self-sufficient in the production of lithium-ion batteries. The discovery could also help India become a major player in the global lithium market. The country currently imports most of its lithium from Australia, China, and South America.

The government of India has already taken several steps to promote the production of lithium-ion batteries in the country. In 2019, it launched a program to promote the manufacturing of lithium-ion batteries in India. The program aims to attract investments of around USD4.6 billion and create around 50,000 jobs in the sector. The discovery of lithium reserves in Rajasthan is likely to further boost the government's efforts to build a thriving electric vehicle industry in the country. It is expected to attract more investments in the sector and create new opportunities for the development of related industries.

Overall, the discovery of lithium reserves in Rajasthan is a significant development for India's electric vehicle industry. It could help the country become more self-sufficient in the production of lithium-ion batteries and reduce its dependence on imports. It is a step in the right direction towards building a more sustainable and green future for India.