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.
Pedagogy:
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
1. Registration fees include the following:
For all the participants:
Residential participants:
Non Residential participants:
Registration Terms & Conditions:
A.Upon payment of program fees registrations are tentatively confirmed. The final confirmation on the commencement of the program shall be communicated latest 2 weeks before (offline program) & 1 week before (online program) for the scheduled start date of the program.
B.Refund policy
Fees once paid can be adjusted up to 1 financial year against future nominations only. In case a course is canceled on account of inadequate participation or any other unforeseeable reasons, the participants will be informed of the cancellation by e-mail or Fax and the fee will be refunded. IIM Mumbai will not be liable for any other expenses incurred by the company or the participant. Any transaction fee will not be refunded.
C. IIM Mumbai is not responsible for any other expenses borne by the participants due to rescheduling/cancellation of its MDPs
2. Individual Registration
If you wish to register & make payment, please click here Register
3. Company-sponsored / Bulk Registration:
In the case of company-sponsored candidates, please share the nomination list and GST details to program@iimmumbai.ac.in for invoice generation.
Download the INVOICE DETAILS FORM
| Mode | Offline / IIM Mumbai Campus |
| Duration | 36 Hrs. |
| Programme Dates | Mar 01, 2027 to Mar 06, 2027 |
| Program Coordinators | Prof. Atul Bhatt, Prof. P. Acharya and Prof. Rosalin Sahoo |