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GLOBAL REPM ECOSYSTEM
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...
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...
2026 Budget: Customs duty exemption on lithium batteries to aid EV infra creation, says SIAMIndia's Union Budget 2026-27 proposes customs duty exemptions on goods for lithium battery production. This move aims to build a strong ele...
Budget 2026: Centre to develop rare earth corridors to reduce China dependenceThis announcement builds on the scheme to promote the manufacturing of sintered Rare Earth Permanent Magnets (REPM) approved by the governm...
Government finalising RFP for inviting bids under Rare Earth Magnet Scheme: H D KumaraswamyThe Minister for Heavy Industries & Steel chaired a stakeholder consultation meeting on the scheme with various industrial stakeholders fro...
Caught in China’s magnet grip, India’s auto industry looks at home for rare-earth securityIndia faces rare-earth magnet supply chain disruptions, impacting automotive players, especially EVs. To counter China's dominance, the gov...
Rare earth magnet sops to lift India’s EV, chip plans: IndustryIndia’s Rs 7,280 crore REPM scheme aims to develop domestic rare earth magnet manufacturing, reducing import dependence and supporting EVs,...