Cabinet approves Rs 7280 crore Rare Earth Permanent Magnets scheme to enhance self-reliance, promote REPM ecosystem

Nov 26, 2025

This first-of-its-kind initiative aims to establish 6,000 Metric Tons per Annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing in India, thereby enhancing...

India invites global bids for rare earth magnet manufacturing units

Mar 20, 2026

The Ministry of Heavy Industries has invited global bids for setting up integrated manufacturing facilities for sintered rare earth permanent magnets (REPM) under a...

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...

Budget 2026: Odisha, Kerala, Andhra, Tamil Nadu to have dedicated rare earth corridors

Feb 01, 2026

The Government had approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet' with a financial outlay of Rs 7,280 crore. The...