India calls for bidders to set up five rare earth magnet making plants under ₹7,280 cr scheme
India has launched a ₹7,280-crore incentive scheme to establish five rare-earth magnet manufacturing plants, aiming to achieve an annual capacity of 6,000 tonnes. The move seeks to build a self-reliant defence and electric vehicle supply chainto counter China’s dominance in the sector.
India has launched a ₹7,280-crore incentive scheme to establish five rare-earth magnet manufacturing plants, aiming to achieve an annual capacity of 6,000 tonnes. The move seeks to build a self-reliant defence and electric vehicle supply chainto counter China’s dominance in the sector.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
