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India is set to significantly bolster its rare earth magnet production with the Union Cabinet approving a Rs 7,280 crore scheme. This pioneering initiative aims to establish integrated manufacturing ...

The Union Cabinet on Wednesday approved an incentive scheme for rare earth permanent magnets (REPM) manufacturing with a corpus of ₹7,280 crore. The Scheme to Promote Manufacturing of Sintered Rare ...

India currently meets most of its REPM requirement through imports, with consumption expected to double between 2025 and 2030 on the back of rising EV, industrial and electronics demand. Automobile ...

The Union Cabinet on Wednesday approved a scheme to promote manufacturing of rare earth permanent magnets with an outlay of Rs 7,280 crore. The 'Scheme to Promote Manufacturing of Sintered Rare Earth ...

The Union Cabinet today approved a ₹7,280 crore scheme at promote the manufacture of sintered Rare Earth Permanent Magnets (REPM). (Pexels Photo) The Union cabinet, chaired by Prime Minister Narendra ...