Search For "domestic capacity"
State PSUs should partner with IREL for rare-earth mining and processing:
Updated : 4 months ago IST
India is taking major steps to strengthen its rare earth minerals sector as part of a seven-year national mission aimed at reducing dependence on imports and building a resilient supply chain via State PSUs, said R Saravanabhavan, Deputy Adviser (Minerals), Niti Aayog.
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Amid India's critical minerals initiatives, expert urges PPP model to buil
Updated : 4 months, 3 weeks ago IST
With China tightening export controls on rare earth elements, India must accelerate efforts to build its own value chains in rare earths through a public-private partnership (PPP) model, says Neha Mukherjee, Research Manager at Benchmark Mineral Intelligence, a London-based supply chain inte
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Rs 1,345 crore allocated to incentivise rare earth magnets production: Min
Updated : 8 months ago IST
The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are reports of global short supply.
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As India's Steel Deficit Widens, Baldota's Rs54,000 Cr Plant Can Play a Cr
Updated : 11 months, 3 weeks ago IST
New Delhi [India], March 27: India's steel sector is at a critical juncture, with finished steel imports surging by 20% to 8.29 million tonnes in the April-January period of this fiscal year. Domestic producers are struggling with narrowing profit margins and intensifying competition from fo
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Steps taken by Centre to reduce reliance on import: Govt
Updated : 3 years, 3 months ago IST
Some of the steps include creating/enhancing of domestic capacity, incentivising domestic manufacturing through Production-Linked Incentive (PLI) schemes, phased manufacturing plans, timely use of trade remedy options, adoption of mandatory technical standards, enforcement of free trade agre
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Budget: Govt proposes to reduce customs duty on certain 'critical' chemica
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022-23 in Parliament and announced that the government proposes to reduce the customs duty on certain critical chemicals namely, methanol, acetic acid and heavy feedstocks fo
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