Rare Earth Magnet Scheme Targets 6,000 MTPA
The Centre has received 20 bids in response to a global tender to establish integrated Sintered Rare Earth Permanent Magnet (REPM) manufacturing facilities in India. The scheme targets 6,000 MTPA of domestic capacity through five beneficiaries, with each eligible for up to 1,200 MTPA. Backed by a Rs 7,280 -crore financial outlay, the initiative aims […]
