Tag: electronics and aerospace
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India: Govt launches scheme to boost domestic self-reliance in critical rare earth magnets
REPMs critical to EVs, renewables, electronics and aerospace Scheme supports creation of integrated manufacturing facilities India has approved an INR 7,280 crore scheme to promote domestic manufacturing of rare earth magnets. The much anticipated ‘Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets’ was approved during a Cabinet meeting chaired by Prime Minister, Narendra…