The government is in the process of finalising the Request for Proposal (RFP) for the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets, Union Minister H D Kumaraswamy said on Monday, urging domestic and international players to participate in the bidding process.
The Minister for Heavy Industries & Steel chaired a stakeholder consultation meeting on the scheme with various industrial stakeholders from India and abroad.
Kumaraswamy emphasised that the Scheme represents a pivotal step towards establishing a self-reliant, resilient, and globally competitive ecosystem for Rare Earth Permanent Magnets, aligning with the vision of Viksit Bharat by 2047.
“He urged all eligible domestic and international players to seize this opportunity and contribute to India’s long-term growth story by participating in the bidding process. The minister also informed that the Ministry is in the process of finalising the Request for Proposal (RFP),” the Heavy Industries Ministry ..The government is in the process of finalising the Request for Proposal (RFP) for the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets, Union Minister H D Kumaraswamy said on Monday, urging domestic and international players to participate in the bidding process.
The Minister for Heavy Industries & Steel chaired a stakeholder consultation meeting on the scheme with various industrial stakeholders from India and abroad.
Kumaraswamy emphasised that the Scheme represents a pivotal step towards establishing a self-reliant, resilient, and globally competitive ecosystem for Rare Earth Permanent Magnets, aligning with the vision of Viksit Bharat by 2047.
“He urged all eligible domestic and international players to seize this opportunity and contribute to India’s long-term growth story by participating in the bidding process. The minister also informed that the Ministry is in the process of finalising the Request for Proposal (RFP),” the Heavy Industries Ministry .. Latest News [ SOBAN NEWS: International and National ]