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.
A Fact Sheet from the office of State Department Spokesperson on '2026 Critical Minerals Ministerial' said that critical minerals and rare earths are essential "for our most advanced technologies and will only become more important as AI, robotics, batteries, and autonomous devices transf
This historic engagement will create momentum for collaboration to secure the critical mineral supply chains vital to technological innovation, economic strength, and national security.
The United States announced a major global push to reshape the critical minerals and rare earths market, unveiling a series of agreements, financing commitments and new institutional frameworks aimed at building secure, diversified and resilient supply chains, as global demand rises with
The photo symbolises India's institutional membership in an elite group of nations securing global supply chains, elevating its status from observer to decision-maker in the mineral sector.
In a post shared on X, Jaishankar said, "Spoke at the Critical Minerals Ministerial in Washington DC today. Underlined challenges of excessive concentration and the importance of de-risking supply chains through structured international cooperation. Highlighted India's efforts towards gre
The event aimed to reduce reliance on China, which dominates rare-earth mining and processing, and to promote economic security through multilateral cooperation.
Speaking on India's engagement ahead of the meeting, which is bringing delegations from over 50 countries to advance collaboration on securing and diversifying global critical mineral supply chains, Mukherjee said it marks a shift from strategic intent to industrial execution, noting that
India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Minis
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
Congress MP Manickam Tagore said Union Finance Minister has "neglected" education, minority affairs, and research and social spending and Tamil Nadu in the 2026 union budget.
"One thing that I will say as an MP from Kerala is my profound disappointment that even in an election year, the BJP did not see fit, the government did not see fit to give my state what its fair share," he said.