Rs 1,345 crore allocated to incentivise rare earth magnets production: Minister Kumaraswamy

Jul 11, 2025

The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are...

Shortage of rare earth magnets can decelerate India's automotive ride, Crisil says

Jun 15, 2025

Rare earth magnets, low in cost but critical in function, could emerge as a key supply-side risk for India's automotive sector if China's export...

ICEA Chairman welcomes rare earth magnet incentives, terms it "timely" intervention

Jul 11, 2025

Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), welcomed the central government initiatives to ramp up rare earth magnets production in India,...

Supply uncertainty of rare earth magnets from China could weigh auto industry: ICRA

Jun 12, 2025

Rare-earth magnet inventories are likely to 'taper off' by mid-July 2025 for the automobile industry, weighed down by the export restrictions from China and...

India to boost rare earth magnet production amid China's supply curbs: G Kishan Reddy

Jul 12, 2025

Speaking to ANI, the minister said, "The Central Government has decided to produce rare earth magnets in Hyderabad. Our Mining Ministry's NFTSM institute is...

Centre to provide technology to private factories to ramp up rare earth magnet production: Kishan Reddy

Jul 12, 2025

The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production...