New Delhi, May 27: Global geopolitical and economic power is increasingly expected to pivot around energy security, critical minerals, and control over strategic resources, as shifting alliances and supply chain disruptions reshape the world economy, former Vedanta Group and Hindustan Zinc CEO Sunil Duggal said on Wednesday.
He said recent global conflicts and trade uncertainties have exposed the risks faced by countries that depend heavily on imported energy and long, fragile supply chains. According to him, this dependence has highlighted the need for nations to strengthen domestic resource capabilities and secure critical inputs.
Duggal noted that the centre of global influence is gradually moving away from financial and services dominance toward control over raw materials, energy assets, and industrial capacity. He added that this transformation is redefining how economic and strategic power is measured in the modern world.
He further emphasised that countries with strong access to critical minerals—essential for clean energy technologies, electric vehicles, and advanced manufacturing—will play a decisive role in shaping future global economic leadership.
Experts also point out that the growing importance of resource security is likely to accelerate investment in mining, refining, and supply chain diversification across major economies.