Anil Agarwal posted a tweet stating that the privatisation of Hindustan Copper, with a no-retrenchment policy, will be a game-changer for India. His message comes at a crucial time when the world is staring at a looming copper crisis that could have wide-ranging implications for energy security and industrial growth

A major global challenge is quietly unfolding—by 2035, the demand for copper is projected to outstrip supply by a staggering 30%. This shortfall could pose a serious threat to global energy security and industrial resilience. The implications are significant, especially for economies that rely heavily on copper imports.

Copper is the backbone of modern industrialization. It plays a critical role in the manufacturing of electric vehicles (EVs), renewable energy infrastructure, and AI data centers—sectors that are not just expanding rapidly but are also vital for the global transition to a cleaner, more tech-driven future.

The expected supply from existing and currently announced mining projects is set to fall well short of meeting this soaring demand. While mining needs will continue to rise steadily through the next decade, copper supply is predicted to plateau and then decline, creating a significant gap in the global copper market.

This scenario presents a wake-up call for countries like India, which is already heavily dependent on copper imports. In the face of rising demand and potential supply disruptions, the country needs to act decisively to secure its metal needs.

One bold step in this direction is the proposed privatisation of Hindustan Copper Limited. According to a tweet by billionaire industrialist and Chairman Anil Agarwal, the privatisation will come with a no-retrenchment policy, ensuring that existing jobs are protected while unlocking the potential for greater efficiency and expansion.

This move could be a game-changer. By reviving domestic copper production through private participation, India can reduce its import dependency, strengthen its industrial base, and prepare itself for the future demand surge in key sectors like EVs and renewable energy.

In a world where copper is becoming the new oil, securing a stable and self-reliant copper supply is no longer optional—it's strategic.

Disclaimer:

This article is based on public data and industry commentary. It does not constitute investment advice. Readers are advised to conduct their own research before making financial decisions.