India's Rs 7,280 Crore Rare Earth Magnets Scheme
India launches Rs 7,280 crore scheme to boost rare earth magnet manufacturing, reducing 90% dependence on China. Learn how this impacts EVs, defense and renewable energy sectors.
Category : Search result: sintered magnets
GMDC shares surge 8.4% after rare earth magnets scheme approval
GMDC shares extend winning streak to 3 days, gaining 8.4% after Cabinet approves ₹7,280 crore incentive program for rare earth magnets to reduce China dependence. Read more.
India's ₹7,280 Crore Plan to Counter China Rare Earth Dominance
Indian government approves massive incentive scheme to establish domestic rare earth magnet manufacturing capacity, aiming to end China's 90% global stranglehold by 2027-28. Read how this impacts auto, defense sectors.
India's ₹7,280 Crore Rare Earth Magnet Plan
India launches ₹7,280 crore scheme for rare earth magnet production while emphasizing recycling and diplomacy to counter China's supply dominance. Read about India's strategic approach.
India's Rs 7,280 Crore Push for Rare Earth Magnets
Indian government approves Rs 7,280 crore PLI scheme for rare earth magnet manufacturing, boosting electric vehicles and defense sectors. Learn how this strategic move reduces import dependency.
₹7,280 Crore Scheme for Rare Earth Magnets Approved
India launches ₹7,280 crore scheme to boost domestic rare earth magnet production, reducing import dependence for EVs, defense, and renewable energy sectors. Learn how this impacts India's green future.
India's ₹7,280 Crore Push for Rare Earth Independence
India launches ₹7,280 crore incentive scheme to manufacture 6,000 tonnes of rare earth magnets annually, reducing dependence on Chinese imports for automotive and defense sectors.
Rs 7,280 Crore Scheme for Rare Earth Magnet Manufacturing
Indian cabinet approves Rs 7,280 crore PLI scheme for rare earth magnet manufacturing to boost electric vehicles and reduce import dependence. Details inside.
India's ₹7,280 Crore Rare Earth Magnets Plan Approved
India launches ₹7,280 crore Rare Earth Permanent Magnets scheme to boost domestic manufacturing, reduce import dependence, and support electric vehicles and renewable energy sectors. Read more about this strategic initiative.
China magnet imports plunge 56% as automakers shift
India's permanent magnet imports from China dropped 56% in FY26 first half as automakers pivot to alternatives. Industry sees no turning back from supply chain de-risking strategy.
India's ₹7,300 Cr Rare Earth Magnet Plan Advances
India's ₹7,300 crore PLI scheme for rare earth magnets expected to get cabinet approval within a month, reducing China dependency for EVs and defense components.
Europe's rare-earth plant can't break China's grip
A new rare-earth magnet plant in Estonia, backed by the EU, begins production but will meet only a fraction of Europe's demand, highlighting the continent's struggle to reduce reliance on China.
China's VEU System to Control Rare-Earth Exports to US
China plans a validated end-user system for rare-earth exports, easing flow to civilian firms while blocking US military suppliers. Learn how this affects global trade.
India Triples Rare Earth Magnet Production with ₹6,500 Cr Boost
India launches ambitious ₹6,500 crore scheme to triple rare earth magnet manufacturing, reducing import dependency and strengthening electric vehicle and defense sectors.
US invests $50M to challenge China's rare earth dominance
The Biden administration makes strategic move to boost domestic rare earth magnet production, reducing reliance on Chinese supply chains for critical green technology components.
US bets $1.4B on rare earth magnets to challenge China
In a strategic move to reduce dependence on Chinese supply, the Trump administration has inked landmark deals worth $1.4 billion with domestic rare earth magnet startups, reshaping global tech supply chains.
India pushes rare-earth-free EV motor technology
India's heavy industries ministry collaborates with auto sector to develop indigenous EV motor technology eliminating dependency on imported rare-earth magnets, boosting Make in India initiative.
India to Triple Rare Earth Magnet Production with ₹788 Cr Plan
India launches ambitious ₹788 crore strategy to triple domestic rare earth magnet manufacturing, reducing import dependence and boosting electronics, defense, and green technology sectors.
India Breaks China's Rare Earth Magnet Monopoly
Exclusive: Indian scientists decode rare earth magnet formula, challenging China's monopoly. Ashvini Magnets' breakthrough promises to revolutionize EV industry and secure India's strategic position in global supply chains.
India OKs Chinese rare earth magnet imports for manufacturers
Indian companies secure official approvals to import crucial rare earth magnets from China, signaling strategic moves in the high-tech manufacturing sector while navigating global supply chain complexities.
India Gets US License for Rare Earth Magnet Imports
In a strategic trade development, Indian companies secure licenses to import critical rare earth magnets from the US, reducing China dependency and boosting manufacturing sectors.
Chinese Rare Earth Magnet Imports Resume for Indian Companies
Indian renewable energy and automotive companies resume imports of crucial Chinese rare earth magnets as Beijing eases restrictions, providing relief to green technology sectors.
TVS Motor's EV Strategy: Beyond Rare Earth Challenges
TVS Motor charts ambitious electric vehicle expansion with innovative magnet solutions and GST benefits driving sales surge in competitive Indian EV market.
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