SMC Global Securities Limited

6. Research & Innovation Create Centres of Excellence for: • Extraction tech • New recycling methods • Better mineral recovery from industrial waste Startups & small businesses in this space will get funding support too

So what’s the big picture impact? • More EVs, made with Indian batteries • Less dependence on China • Safer defense & space programs • More jobs in mining, processing, R&D • Lower risk from global shocks • Stronger position in the clean energy transition

9. Skill Development No industry grows without talent. So NCMM includes: → Scholarships for students → Specialised geology & mining courses → Industry training programs India wants to train the next-gen mineral scientists & workers

Step 3: Power Distribution – Last mile delivery You don’t use electricity from a highway. You use it at home, in your factory, in a hospital. Distribution is the last-mile system that brings power from substations to individual users. • Voltage is stepped down here •

Top Brands Powering Indian Homes: • Philips (Signify): Big in smart lighting • Wipro Lighting: Strong B2B + B2C play • Havells, Crompton, Orient, Bajaj: Household names • Syska: Affordable LED brand • Goldmedal, Surya, Finolex, Polycab, Panasonic: Broad electrical product

Who runs this show? • Power Grid Corporation (PGCIL): Handles 45% of India’s entire transmission • Adani Transmission, Tata Power: Key private players • State Transmission Utilities: Support local grids

Step 4: End-Use – What you finally see: the lights, fans, appliances This is where electrons become experience. India’s lighting and electrical appliance industry is booming - thanks to demand for smart homes and energy efficiency

And here’s the real opportunity: As India’s power demand is set to grow rapidly, every link in this chain will be under the spotlight Whether you're a policymaker, investor, or student The future of India’s growth is powered by power. If you found this thread insightful:

Top Distributors: • State DISCOMs: E.g., Maharashtra State Electricity Board, BESCOM (Karnataka) • Private DISCOMs: BSES (Delhi), Tata Power (Mumbai), Torrent Power (Ahmedabad)