Unlike US, India needs to stay cautious of the deep-sea mining race
The US is racing to be part of an industry that hasn’t yet proved itself to be safe for the environment or good for business. India needs to wait and watch.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Science
You may also like
China’s latest trade salvo could cripple Indian EV firms
Indian electric vehicle manufacturers are in for near-term disruption as China puts restrictions on the supply of rare-earth materials to the world.
Promoter uncertainty could trip up S&W Renewable’s remarkable run
With three promoters—Reliance, Shapoorji Pallonji Group and the Daruvala family—the EPC firm is already treading on thin ice. The prospect of a disagreement or distress sale upsetting the delicate balance is a constant worry for investors.
JSW Energy shakes off inertia, jumps into renewables ring with biggies
Armed with a war chest, the energy business of the JSW Group plans to duke it out, but in a way that’s uncharacteristic of India’s renewables sector.