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Sona Comstar Plans to Produce Rare Magnets in India Amid Chinese Curbs
July 01, 2025
|The New Indian Express Coimbatore
Amid Chinese restrictions, Sona Comstar, India's leading importer of rare earth magnets, is planning to begin domestic production of these critical components used in electric vehicles (EVs).
"Being the largest importer of rare earth magnets, we are the single-largest affected party in the country. We have to look at India's self-sufficiency on magnets and are working with the government on it," Sona Comstar CEO Vivek Vikram Singh told Reuters in an interview.
هذه القصة من طبعة July 01, 2025 من The New Indian Express Coimbatore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Coimbatore
The New Indian Express Coimbatore
Liquor clip: HC quashes case against woman for comment on DMK govt
THE Madurai Bench of the Madras High Court recently quashed a criminal case registered against a woman for commenting on a social media post that included a video of three girls in school uniform consuming liquor.
1 min
February 22, 2026
The New Indian Express Coimbatore
THE ROYAL TEST L’AFFAIRE ANDREW POSES
The probe into Andrew Mountbatten-Windsor’s links with Jeffrey Epstein shifts attention from personal scandal to official responsibility. It’s about the boundaries between private familiarity and public accountability as an envoy
3 mins
February 22, 2026
The New Indian Express Coimbatore
Modi lays foundation stone for HCL-Foxconn chip unit
PRIME Minister Narendra Modi on Saturday laid the foundation stone of a semiconductor manufacturing company India Chip Pvt Ltd, a joint venture between Taiwan's electronics manufacturing services company Foxconn and India’s leading IT services company HCL Group, on Saturday at Yamuna Expressway Industrial Development Authority (YEIDA) in Greater Noida, Uttar Pradesh.
1 min
February 22, 2026
The New Indian Express Coimbatore
A Classroom Without Walls
A professor in Srinagar leads his growing stream of learners through the city's undocumented landmarks to unmasks its mysteries
3 mins
February 22, 2026
The New Indian Express Coimbatore
After uncertainty, KBFC game to go ahead
JUST as the Kerala Blasters fans were excitedly waiting to welcome their beloved players back, abig controversy erupted before Sunday’s match against Mumbai City FC.
1 mins
February 22, 2026
The New Indian Express Coimbatore
‘AYURVEDIC CURE TO CHRONIC DISEASE OF CORRUPTION, LAND MAFIA’
BIHAR'S Deputy Chief Minister Vijay Kumar Sinha, who holds revenue and land reforms portfolio, told Rajesh Kumar Thakur in an exclusive interview that the NDA government has zero tolerance for corruption in land-related matters.
2 mins
February 22, 2026
The New Indian Express Coimbatore
Funding cutting-edge Innovations
Sector-wise pvt equity, VC funding in deep-tech companies in India
1 min
February 22, 2026
The New Indian Express Coimbatore
Exclude caste names from temple fest invitations: HC
THE Madras HC has directed not to print caste names on invitations for festivals conducted by Arulmigu Kandhasamy Thirukovil from the next festival onwards.
1 min
February 22, 2026
The New Indian Express Coimbatore
Udhaya releases 4^th vol of Tamil-Indo-European dictionary
DEPUTY Chief Minister Udhayanidhi Stalin on Saturday released the fourth volume of the Comparative Etymological Dictionary Project of Tamil and Indo-European Languages, a joint initiative of the Tamil Nadu Textbook and Educational Services Corporation (TNTB&ESC) and Oxford University Press, on the occasion of World Mother Tongue Day.
1 mins
February 22, 2026
The New Indian Express Coimbatore
Chelsea & Villa held in PL
CHELSEAS chances of Champions League qualification were dented as Burnley snatched a 1-1 draw at Stamford Bridge, while Aston Villa also struck late to salvage a point against Leeds on Saturday.
1 min
February 22, 2026
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