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Sona Comstar Plans to Produce Rare Magnets in India Amid Chinese Curbs
July 01, 2025
|The New Indian Express Kollam
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 Kollam.
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 Kollam
The New Indian Express Kollam
Home secy flags staff shortage, seeks more IPS officers for CAPFs
THE stagnation of Central Armed Police Forces (CAPFs) cadre officers may continue to linger for a while, as the Union Ministry of Home Affairs (MHA) has written to the states seeking nominations of more IPS officers for central deputation, who will be posted to senior positions in Paramilitary organisations.
2 mins
January 15, 2026
The New Indian Express Kollam
'25 one of hottest yrs on record as global temp up
THE World Meteorological Organization (WMO) has announced that 2025 was one of the hottest years ever recorded, continuing a trend of rising global temperatures.
2 mins
January 15, 2026
The New Indian Express Kollam
Iran signals swift executions as protest death toll mounts
Crackdown leaves over 3,400 dead as authorities prepare rapid trials
1 mins
January 15, 2026
The New Indian Express Kollam
Jaipur court rejects plea against Rahul over remarks on PM
AN Additional Sessions Court in Jaipur has rejected a revision petition filed against former Congress president and Leader of the Opposition Rahul Gandhi in connection with alleged caste-based remarks against PM Narendra Modi.
1 min
January 15, 2026
The New Indian Express Kollam
PROBE THOSE WHO CASHED IN ON GRABBED INFRA LAND
THREE decades after its conception, the Karnataka High Court has directed the state government to scrap the Bangalore-Mysore Infrastructure Corridor project and undertake a comprehensive review.
1 mins
January 15, 2026
The New Indian Express Kollam
BATTLE FOR KC(M) BACKING SHARPENS AS ELECTION NEARS
AS assembly elections draw closer, Kerala’s political battle-lines are being redrawn around a familiar axis, with both the UDF and the LDF aggressively wooing Kerala Congress (Mani), whose allegiance could once again prove decisive.
1 mins
January 15, 2026
The New Indian Express Kollam
SILENCE IS GOLDEN
AS THE YEAR BEGINS TO SHAPE NEW TRAVEL TRENDS, WE EXPLORE THE ONE THAT'S CURRENTLY GAINING POPULARITY - HUSH TOURISM...
2 mins
January 15, 2026
The New Indian Express Kollam
World No 3 shuttler says opted out of India Open due to pollution
COURTING CONTROVERSY
1 mins
January 15, 2026
The New Indian Express Kollam
Kashi-Tamil Sangamam: A tribute to Ek Bharat, Shreshtha Bharat
A few days ago, I was in the sacred land of Somnath to be part of the Somnath Swabhiman Parv, marking the 1,000-year anniversary of the first attack on Somnath, which took place in 1026.
4 mins
January 15, 2026
The New Indian Express Kollam
Valley of Flowers in U’khand safe, but battle rages on; IAF to join rescue ops
TIME is running out to prevent a forest fire from reaching Uttarakhand’s Valley of Flowers, a UNESCO World Heritage Site.
1 mins
January 15, 2026
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