The correct answer to this question is option 1: Uranium deposits. Tummalapalli, located in the state of Andhra Pradesh in India, has gained recognition worldwide for its abundant reserves of uranium. Uranium is a radioactive element used as fuel in nuclear power plants to generate electricity. These deposits in Tummalapalli are of significant importance as they contribute to India`s uranium production and reduce its dependence on imports. Uranium is a valuable resource for various industries, including nuclear power generation, military applications, and medical research. With this discovery, Tummalapalli has become a significant player in the global uranium market. It is important to note that uranium mining and processing require strict safety measures and regulatory oversight due to the potential environmental and health risks associated with radioactive materials.