Building Resilient Supply Chains for Aatmanirbhar Bharat

Indian Institute of Management Mumbai

Operations and Supply Chain Management

About Programme

About the Program

India’s critical minerals import bill has surged approximately 5x in six years — from $2.1 billion in FY19 to an estimated $10.5 billion in FY25. The nation imports 93% of its rare earth permanent magnets from China, is 100% import-dependent for lithium and cobalt, and faces demand multipliers of 3x to 9.5x across eight priority minerals by 2035. China’s recent phased export restrictions (November–December 2025) on 12 rare earth elements and processing technologies have made the supply chain vulnerability self-evident.

The Government of India has responded with over ₹1 lakh crore in committed investments, including the ₹34,300 crore National Critical Minerals Mission (NCMM), the ₹7,280 crore Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets, Dedicated Rare Earth Corridors in four states (Budget 2026–27), PLI schemes for advanced chemistry cell manufacturing, and ₹500 crore for four mineral processing parks. However, a critical capability gap persists between policy architecture and execution — precisely the space where IIM Mumbai’s strengths in operations research, supply chain management, analytics, and decision sciences can make a decisive national contribution.

This six-day Management Development Programme is designed to build senior executive capability across the entire critical minerals ecosystem — from strategic landscape assessment and mineral-wise supply chain analysis to supply chain risk management, strategic stockpiling, overseas M&A, policy navigation, circular economy, and technology frontiers. The programme covers eight priority minerals: Rare Earths, Lithium, Cobalt, Nickel, Tungsten, Titanium, Copper, and Graphite — across Defence & Aerospace, Space Technology, EV & Battery Manufacturing, Renewable Energy, Electronics, and Steel & Industrial sectors.

This programme represents a first-mover opportunity for IIM Mumbai to establish national leadership in critical minerals capacity building, aligned with Atmanirbhar Bharat, Viksit Bharat 2047, and the PM Gati Shakti National Master Plan.

Programme Content

The Strategic Landscape

Mineral-Wise Supply Chain Analysis

Supply Chain Strategy, Risk Management & Strategic Stockpiling

Overseas Acquisitions, M&A Strategy & Deal Execution

Policy Architecture, Circular Economy & Technology Frontiers

Strategy Capstone, Presentations & Valedictory

Programme Objective

Assess India’s critical mineral supply-demand landscape with data-driven rigour, including import dependency, source concentration, N−1 vulnerability, and demand multiplier projections through 2035 across defence, space, energy, and industrial sectors.

Construct end-to-end supply chain maps for each of the eight priority minerals (Rare Earths, Lithium, Cobalt, Nickel, Tungsten, Titanium, Copper, Graphite), identifying chokepoints, single-source dependencies, and strategic intervention points.

Apply advanced frameworks for geopolitical risk assessment, supply disruption scenario planning, and early-warning system design specific to mineral supply chains.

Evaluate and structure cross-border mineral asset acquisitions — covering geological due diligence, country risk, ESG compliance, deal structuring, and post-acquisition integration.

Design scientifically grounded strategic stockpiling models using operations research techniques including stochastic optimisation, inventory theory, and game-theoretic approaches.

Formulate mineral-specific supply chain security strategies aligned with NCMM, Atmanirbhar Bharat, and Viksit Bharat 2047 frameworks.

Navigate the global critical minerals policy landscape including the Mineral Security Partnership, US IRA, EU Critical Raw Materials Act, and bilateral mineral agreements.

Develop circular economy, urban mining, and advanced processing strategies for critical mineral recovery, recycling, and substitution.

Pedagogy

Pedagogy:

Case Method

War-Gaming Simulations

Data Analytics Labs

M&A Role-Play Exercise

Guest Expert Lectures

Capstone Group Projects

Policy Analysis Workshops

Structure Networking

Programme Audience

Government & Policy: Ministry of Mines, Ministry of Defence Production, NITI Aayog, Department of Commerce, Ministry of External Affairs

Defence Establishment: DRDO, DMRL, MIDHANI, BEL, HAL, BDL, Ordnance Factory Board

Space & Science: ISRO, Department of Space, DST, VSSC, IPRC, CSIR-NML

Mining & Mineral PSUs: KABIL, IREL, NMDC, NALCO, HCL, GSI, Indian Bureau of Mines, KMML

Energy & Battery: NTPC, Agratas Energy, Exide Energy Solutions, Amara Raja, Reliance New Energy Solar

EV & Wind: Tata Motors, Mahindra Electric, Suzlon Energy, Inox Wind, Ola Electric

Mining, Materials & Engineering: Adani Group, Jindal Stainless, Vedanta, Sona Comstar, Midwest Advanced Materials

Recycling & Circular Economy: Tata Chemicals, Lohum Cleantech, Attero Recycling

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Speak with an Advisor

Faculty Information
Testimonials
Programme Benefits

Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Indian Institute of Management Mumbai

Executive Education Office

Prof. Atul Bhatt, Prof. P. Acharya and Prof. Rosalin Sahoo

https://www.iimmumbai.ac.in

Mumbai, India

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