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EARTH MAGNET SCHEME
Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...01 Jun, 2026, 07.27 AM IST- From axles to rare earth: India draws up list of 100 products it still can't make enough ofIndia is set to boost its manufacturing sector by identifying around 100 products for domestic production. This initiative aims to reduce r...17 May, 2026, 10.43 AM IST
- Centre extends Rs 7,280-crore rare earth magnet scheme bidding timelines amid stakeholder demandThe government has extended deadlines for a major scheme promoting rare earth permanent magnet manufacturing. This move aims to encourage m...16 May, 2026, 01.16 AM IST
- Govt extends bid deadline for Rs 7,280 crore rare earth magnet scheme till June 29India is boosting its manufacturing of powerful rare earth permanent magnets. The government has extended deadlines for a major scheme to e...15 May, 2026, 05.30 PM IST
- No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...13 Apr, 2026, 07.26 PM IST
- MHI holds pre-bid consultations on permanent magnet manufacturing schemeIndia is set to boost its rare earth permanent magnet manufacturing. The Ministry of Heavy Industries is inviting bids for integrated facil...07 Apr, 2026, 08.51 PM IST
- JSW Group, NLC India among 25 companies in pre-bid meet for Rs 7,280-cr rare earth magnet scheme: SourcesThe government will select maximum of five entities through the bidding process, with each entity setting up facilities of up to 1,200 MTPA...07 Apr, 2026, 06.52 PM IST
- Vedanta, HZL, others likely to participate in pre-bid meet for Rs 7,280-crore rare earth magnet schemeSeveral major companies are set to participate in a crucial pre-bid conference. This event is for a significant Rs 7,280-crore government s...06 Apr, 2026, 10.19 PM IST
- From assembly to ambition: How India is building its electronics backboneIndia is shifting from electronics assembly to full-scale manufacturing as the ECMS scheme boosts domestic component production. With risin...02 Apr, 2026, 09.11 AM IST
- India scaling up rare earth magnet production to cut import dependence: Jitendra SinghIndia is boosting its production of rare earth permanent magnets. The first Samarium Cobalt plant is now operational. This move aims to mee...25 Mar, 2026, 01.47 PM IST
- India to invite bids for Rs 7,280 crore rare earth magnet manufacturing scheme on March 20India is gearing up to revolutionise its rare earth magnet production landscape. A new manufacturing scheme will soon be announced, invitin...19 Mar, 2026, 07.29 PM IST
- Global rare earth suppliers step in as India eyes self-reliance amid China curbsGlobal rare earth oxide suppliers from South America, Africa, the UK, and Australia have offered to supply India as it prepares to launch i...03 Nov, 2025, 12.48 AM IST
- Magnet scheme to offer ₹7,300 cr incentivesA ₹7,300 crore government scheme has been approved to boost domestic production of rare earth magnets, crucial for electric vehicles and wi...08 Oct, 2025, 11.33 PM IST
- China rethink: India steps up rare-earth effort with Rs 1,345 crore pushThe Indian government has allocated Rs 1,345 crore to boost domestic production of rare earth magnets, as announced by Heavy Industries Min...11 Jul, 2025, 02.57 PM IST
- Draft guidelines to incentivise domestic production of rare earths on anvilIndia is drafting guidelines to incentivize domestic production of rare earth minerals and magnets, aiming to decrease reliance on China. T...09 Jul, 2025, 03.31 PM IST
- Exploring options for rare earth magnet supplies: H D KumaraswamyIndia is actively seeking solutions to mitigate disruptions in the supply of rare earth magnets, crucial for electric vehicle components. A...25 Jun, 2025, 12.35 AM IST
- Meetings underway to mitigate Rare Earth magnet crisis: Heavy Industries Minister H D KumaraswamyIndia is exploring solutions to manage rare earth magnet supply disruptions, Union Heavy Industries Minister H. D. Kumaraswamy said on Tues...24 Jun, 2025, 03.45 PM IST
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