Experts rally behind Cabinet's push for Rare Earth Permanent Magnet production, CEA stresses self-reliance in sector
Nov 26, 2025
With an aim to enhance self-reliance and position India as a key player in the global REPM market, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with a financial outlay of Rs 7,280 crore