India Announces ₹7,280 Cr Push for Rare Earth Magnet Manufacturing
India has officially signaled its intent to become a global heavyweight in the green energy supply chain. The Union Cabinet recently approved a landmark ₹7,280 crore scheme aimed at establishing a robust domestic ecosystem for Sintered Rare Earth Permanent Magnets (REPM). This strategic move is designed to dismantle the nation’s heavy reliance on imports—particularly from […]