October 23, 2026
Business

Govt meets 20 firms on ₹7,280-crore rare earth magnets scheme(Soban News)

Union minister H.D. Kumaraswamy led a consultation with 20 companies on a ₹7,280-crore scheme to boost manufacturing of rare earth magnets. The government assured supply of 500 tonnes of rare earth oxides to enhance raw material security, crucial for EVs, renewables, and defense equipment.

​Union minister H.D. Kumaraswamy led a consultation with 20 companies on a ₹7,280-crore scheme to boost manufacturing of rare earth magnets. The government assured supply of 500 tonnes of rare earth oxides to enhance raw material security, crucial for EVs, renewables, and defense equipment. by Soban News (international And National News)

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