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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,...
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