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PERMANENT MAGNETS MANUFACTURING
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...- US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...
- Japan company to set up rare earths magnet unit in Andhra PradeshJapan's Proterial will invest ₹2,250 crore to build a rare earth magnet plant in Andhra Pradesh. This facility will produce vital component...
- Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
- GMDC to develop India’s first AI-powered rare earth supply chain observatory with £600,000 investmentGujarat Mineral Development Corporation Ltd is partnering with the University of Cambridge to create India's first AI-powered rare earth su...
- India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
- Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
- India, Russia deepen rare earths ties amid Quad critical minerals pushIndia and Russia are joining forces for rare earth extraction and processing. Agreements have been signed for joint research and developmen...
- A warning to critical minerals buyers: Avoid butter mountains, aluminium floodsWestern nations are investing heavily in critical minerals to reduce dependence on China. However, experts warn this could lead to a surplu...
- Elevator component maker, Sharp Engineers, secures CSA Certification to help expand in North AmericaSharp Engineers, an Indian elevator component maker, achieved a significant milestone with CSA certification for its SEG-X7 gearless tracti...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- 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...
- 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...
- Rare earths, PCBs among 40 sub-sectors on FDI fast trackAs per the updated standard operating procedure (SOP) for processing FDI applications, the government has also rolled out reporting guideli...
- Government specifies 40 sub-sectors for faster clearance of FDI proposals from land-bordering nationsIndia is fast-tracking foreign investment proposals from China and neighboring nations. Forty key manufacturing sub-sectors, including rare...
- DPIIT issues updated SOP for processing FDI applicationsThe Department for Promotion of Industry and Internal Trade (DPIIT) has streamlined Foreign Direct Investment (FDI) proposal processing wit...
- 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...
- 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...
- 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...
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