Indian government receives 20 bids for its rare earth magnet scheme
The government program targets to achieve a capacity of 6,000 metric tons per annum across five beneficiaries over seven years
India’s Ministry of Heavy Industries has received 20 bids for a 72.8 billion rupees (about $763 million) scheme to promote domestic manufacturing of sintered rare earth permanent magnets.
Thank you for visiting Mobility Global AutoTechInsight.
*A subscription to News & Analysis includes four Mobility Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here