Search For "rare earth magnet"
Foreign investments in rare earth permanent magnets from India's land bord
Updated : 3 days, 3 hours ago IST
Proposals for investments from Land Bordering Countries (LBC) in specified sectors or activities, that include rare earth permanent magnets, shall be processed and decided within 60 days under the relaxed FDI norms under the Press Note 3, government officials said on Wednesday
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India focuses on indigenous rare earth permanent magnets to bolster EV eco
Updated : 1 month ago IST
India aims to focus on domestic manufacturing of sintered rare earth permanent magnets used in electric vehicles as part of a broader push to deepen its electric mobility, clean manufacturing ecosystem and reduce import dependence, Union Heavy Industries Minister HD Kumaraswamy said today.
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HD Kumaraswamy chairs stakeholder meet on Rare Earth Magnet Manufacturing
Updated : 2 months ago IST
In his inaugural address, the Minister emphasised that the Scheme represents a pivotal step towards establishing a self-reliant, resilient, and globally competitive ecosystem for REPMs, aligning with the vision of Viksit Bharat @2047.
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Rs 7,280 crore rare earth magnets scheme to place India among 'allied grou
Updated : 3 months, 2 weeks ago IST
He said this move will place India among the allied group of nations with the capability to produce these critical components domestically, reducing dependence on imports and enhancing strategic autonomy.
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Experts rally behind Cabinet's push for Rare Earth Permanent Magnet produc
Updated : 3 months, 2 weeks ago IST
With an aim to enhance self-reliance and position India as a key player in the global REPM market, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with a financial outlay of Rs
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India will become Atmanirbhar in rare earth magnets in three-four years: A
Updated : 3 months, 2 weeks ago IST
India will become self-reliant in rare earth magnets in three-to-four years, Union Minister Ashwini Vaishnaw said on Wednesday, after he announced that the Union Cabinet has approved a Rs 7,280 crore scheme to promote the manufacturing of sintered Rare Earth Permanent Magnets
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Cabinet approves Rs 7280 crore Rare Earth Permanent Magnets scheme to enha
Updated : 3 months, 2 weeks ago IST
This first-of-its-kind initiative aims to establish 6,000 Metric Tons per Annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing in India, thereby enhancing self-reliance and positioning India as a key player in the global REPM market, Cabinet said in a statement.
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Cabinet likely to clear Rs 7000 cr rare earth magnet manufacturing scheme:
Updated : 3 months, 2 weeks ago IST
The Union Cabinet is likely to clear a Rs 7,000-crore incentive scheme aimed at boosting domestic manufacturing of rare earth magnets, sources told ANI.
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"I blew my stack": Trump says he got hoarse voice from shouting over trade
Updated : 3 months, 3 weeks ago IST
US President Donald Trump blamed his hoarse voice on shouting at officials from a foreign country that sought to change a trade deal. He refused to name the nation and highlighted recent trade talks with China, including tariff reductions and postponed export controls.
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Auto component firms witness surge in orders following GST rate cut: ASSOC
Updated : 4 months, 4 weeks ago IST
Speaking to reporters, Nirmal K. Minda, the newly elected President of ASSOCHAM, stated that the tax reduction has boosted demand for automobiles, resulting in a positive impact on the auto component sector during the festive season.
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GST rate rationalization yet to play out meaningfully: HDFC Securities Rep
Updated : 5 months ago IST
The benefits of the Goods and Services Tax (GST) rate rationalization are yet to play out meaningfully, and its impact on domestic-focused automobile companies is expected to be visible only from the third quarter of FY25, according to a report by HDFC Securities.
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Auto component industry backs GST reforms, seeks rare earth solutions
Updated : 5 months, 1 week ago IST
Auto component industry leaders on Friday voiced optimism over the recent GST rationalisation and the free trade agreements (FTAs) the government is working on.
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