India draws 20 bids for rare earth magnet manufacturing scheme

Jingyue Hsiao

, DIGITIMES, Taipei

Aug 17, 2026, 12:07 0

Credit: AFP

India's Ministry of Heavy Industries (MHI) has received 20 bids from domestic and global companies under its scheme to promote manufacturing of sintered rare earth permanent magnets (REPM), a step toward building a local supply chain for a material India...

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