TAG: "Rare Earth Permanent Magnets"
News
Govt. Approves INR 7,280 Crore Scheme to Promote Sintered Rare Earth Magnet Manufacturing
Government has approved INR 7,280 crore scheme to boost domestic manufacturing of sintered rare earth permanent magnets and strengthen India’s industrial and strategic supply chains.
Rare Earth Permanent Magnets | December 18, 2025 | By EI News Network | 3008
Union Cabinet Approves INR 7,280 Crore Rare Earth Magnets Manufacturing Scheme
The Union Cabinet has approved an INR 7,280-crore scheme to build India’s first integrated manufacturing ecosystem for sintered rare earth permanent magnets, targeting 6,000 MTPA capacity through sales-linked incentives, capital subsidies, and a global bidding process for five manufacturers.
Rare Earth Permanent Magnets | November 27, 2025 | By Mrinmoy Dey | 1339
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Bharat Bala
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