India has a $800m plan to make rare earth magnets, aiming to reduce dependence on Chinese imports - but can it work?

A Primus Partners report outlines a five-pillar plan to localise rare earth magnet production in India, reducing reliance on Chinese imports for EVs. A report by advisory firm Primus Partners has ...

BENGALURU: The Union Cabinet on Wednesday approved a Rs 7,280 crore scheme to promote domestic manufacturing of sintered rare earth permanent magnets, marking the country’s first dedicated effort to ...

NEW DELHI, June 5 (Reuters) - India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with ...

Scheme targets self-reliance in critical magnets used in EVs, wind energy, defence system Rare earth permanent magnets are essential to a vast range of high-technology applications, including electric ...

In a major step towards strengthening India’s high-tech manufacturing ecosystem, the Union Cabinet has approved a ₹7,280-crore Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets ...

The mission covers 30 minerals, including rare earths, and offers a comprehensive framework involving policy incentives, faster approvals. (Representative image) The global scramble for rare-earth ...

India’s plan is part of a broader push by nations to reduce strategic dependence on China for critical materials. Image: Shutterstock India is preparing to boost its incentive scheme for rare earth ...

Component suppliers in India have been importing these magnets as raw materials to manufacture components/sub- assemblies domestically for automotive applications. China has decided to lift the curbs ...

Earlier this year, a Pune firm quietly solved a problem that has vexed policymakers for decades. Ashvini Rare Earth commissioned India’s first plant to produce neodymium–praseodymium (Nd-Pr) metals, ...

The scheme proposes awarding capacity to five beneficiaries through a global competitive bidding process, with each allotted up to 1,200 MTPA Union Minister for Information and Broadcasting Ashwini ...

New Delhi [India], August 13 (ANI): A report by advisory firm Primus Partners has outlined a comprehensive five-pillar blueprint to localise the production of rare earth magnets in India, aiming to ...