India is preparing to unearth treasures located at the deep depths of the ocean. India is planning a deep dive and its aim is a boost in the economy. The floor of the world’s seas is scattered with vast beds of black potato-shaped polymetallic nodules. These nodules comprise of copper, nickel, cobalt, manganese, iron and rare earth elements.
These natural resources are key to the manufacturing of modern gadgets. These gadgets range from smartphones and laptops to peacemakers, hybrid cars and solar panels.
The supply of these essential resources is dwindling fast onshore. But an expanding technology and infrastructure are fueling global demands for these resources. So more and more countries including manufacturing powerhouses like India and China are looking toward the ocean. That is why India is planning a deep dive in the oceanic department.
Gidugu Ananda Ramadass is the head of India’s deep sea mining project at the National Institute of Ocean Technology (NIOT) in the southern city of Chennai. He said, “We have to depend on ocean resources sooner or later … there is no other way.” He also added, “For the future of mankind … the ocean is the only hope.”
India is Asia’s third-largest economy. It is completely going ahead in anticipation of the International Seabed Authority (ISA). The ISA will be a UN body that will oversee mining on the high seas – giving the green light for commercial exploitation.
It must be noted that harvesting these deep sea minerals is no easy task. Over the next decade, the Indian government is planning to pump in more than $1 billion to develop and test deep sea technologies like underwater crawling machines and human-piloted submarines, according to the earth sciences ministry.
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