India has launched a ₹7,280-crore incentive scheme to establish five rare-earth magnet manufacturing plants, aiming to achieve an annual capacity of 6,000 tonnes. The move seeks to build a self-reliant defence and electric vehicle supply chainto counter China’s dominance in the sector.
India has launched a ₹7,280-crore incentive scheme to establish five rare-earth magnet manufacturing plants, aiming to achieve an annual capacity of 6,000 tonnes. The move seeks to build a self-reliant defence and electric vehicle supply chainto counter China’s dominance in the sector. by Soban News (international And National News)