India has approved a 73bn-rupee ($800m; £600m) incentive programme to reduce its dependence on China for rare earth magnets, a component used widely across ...

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

New Delhi: India may link incentives aimed at spurring rare earth magnet manufacturing to the level of local materials used as the government seeks to counter China’s supply curbs, according to two ...

India has launched a Rs 1,345 crore incentive programme to enhance domestic production of rare earth magnets, aiming to reduce reliance on China. India’s initiative responds to China’s tightened ...

The reserves of India are endowed with lighter rare-earths such as neodymium, but do not have adequate amounts of the heavier elements, which mostly are also imported in China. James St.

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 ...

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 ...

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 ...

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 ...

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 ...