October 23, 2026
Business

Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race(Soban News)

India sits on massive rare-earth deposits, yet remains 90% dependent on China for the vital magnets powering EVs and defence systems. As a PLI deadline looms, why are India’s corporate giants demagnetized?

​India sits on massive rare-earth deposits, yet remains 90% dependent on China for the vital magnets powering EVs and defence systems. As a PLI deadline looms, why are India’s corporate giants demagnetized? by Soban News (international And National News)

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