India should focus "very" closely on mobility electrification to secure its energy future, and oil import-dependent countries should incentivise electric vehicles, International Energy Agency (IEA) Executive Director Fatih Birol said on Monday.

He also said the world faces serious risks from the growing concentration of critical minerals, and urged countries to diversify mining and processing to avoid supply disruptions that could impact the energy transition.

Countries, which are importing oil, should consider giving incentives to electric cars in order to reduce the inbound shipments from different parts of the world, Birol added.

"In the case of India, I believe India should look at the electrification of mobility very closely because currently we have low oil prices, but it is definitely at the mercy of some of the key oil producers, where the oil prices will go up. If India wants to have the upper hand in terms of the domestic oil trajectories, electric cars are one of the key solutions," he told reporters after meeting Commerce and Industry Minister Piyush Goyal.

Goyal is here on a three-day official visit.