India Launches ₹7,280 Crore Initiative to Develop Rare Earth Magnet Manufacturing
The Union Cabinet of India has given its nod to the "Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets" that comes with a financial outlay of ₹7,280 crore. The plan is to create a domestic manufacturing capacity of 6,000 metric tonnes per annum (MTPA) of rare-earth permanent magnets (REPM) in India through the […]







