India’s first-ever auction of exploration licenses for critical minerals is set to take place in Goa. This landmark event marks a significant step towards boosting the country’s mineral exploration sector. The auction will provide opportunities for both domestic and international companies to bid for licenses to explore and extract critical minerals, which are essential for various industries including electronics, defense, and renewable energy. The move is part of the government’s efforts to reduce dependency on mineral imports and promote domestic production. The auction is expected to attract a wide range of participants, including mining companies, exploration firms, and investors. It is also likely to generate significant interest from industry players looking to capitalize on India’s vast mineral resources. The successful bidders will be granted licenses to explore and mine specific mineral blocks, paving the way for increased mineral production in the country. The auction is being closely watched by industry experts and stakeholders who see it as a game-changer for India’s mineral exploration sector. With Goa being chosen as the launchpad for this historic event, all eyes are on the outcome of the auction and its potential impact on India’s mineral industry.