India is poised to permit private firms to mine, import, and process uranium, breaking a long-standing state monopoly to facilitate a significant expansion of nuclear power capacity by 2047. This initiative aims to meet the projected surge in demand for nuclear fuel, with the government estimating that existing domestic resources will only cover 25% of the increased needs. The proposed regulatory framework will also enable private players to provide essential equipment for nuclear plants. This bold move signals India’s commitment to diversifying its energy sources and enhancing its nuclear sector, although it requires amending several laws to enable private participation effectively.