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Sona Comstar Plans to Produce Rare Magnets in India Amid Chinese Curbs
July 01, 2025
|The New Indian Express Tiruchy
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 Tiruchy.
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 Tiruchy
The New Indian Express Tiruchy
RSP wave sweeps Nepal polls; Prachanda survives
AMONG the three former prime ministers who contested the March 5 general election in Nepal, only Pushpakamal Dahal 'Prachanda' managed to win his seat amid the RSP tsunami decimating the old guard in the Himalayan nation.
1 min
March 09, 2026
The New Indian Express Tiruchy
States of support
WHILE national schemes aim to improve girls’ education, many state governments have also introduced initiatives to support their educational journeys.
1 min
March 09, 2026
The New Indian Express Tiruchy
The long road to closing the G A P
Numbers show steady progress in some fields, even as gaps remain in others
1 mins
March 09, 2026
The New Indian Express Tiruchy
National tiger body to help create MP-Rajasthan cheetah corridor
TAKING note of the recent movement of two cheetahs that have dispersed from Kuno National Park (KNP) in Madhya Pradesh to areas in Rajasthan, the National Tiger Conservation Authority (NTCA), will coordinate with the governments of both states to develop an interstate corridor to facilitate movement of the cheetahs.
1 mins
March 09, 2026
The New Indian Express Tiruchy
ANCIENT LOGIC OF BASODA
ASODA or Sheetala Ashtami will fall on March 9 or 11 this year, according to some.
4 mins
March 09, 2026
The New Indian Express Tiruchy
Lakshya’s epic run ends with runner-up finish
LAKSHYA
1 mins
March 09, 2026
The New Indian Express Tiruchy
Vaishno Devi college seeks govt nod to restart MBBS course after controversy
TWO months after being derecognised, the Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in J&K’s Reasi has reapplied to the National Medical Commission (NMC) seeking recognition and a Letter of Permission (LoP) to start an MBBS course for 50 students from the academic year 2026-27.
1 mins
March 09, 2026
The New Indian Express Tiruchy
Govt seeks ‘donations’ for Ramayana archive
THE Prime Minister’s Museum and Library (PMML), under the ministry of culture, has initiated efforts to create a National Repository of Ramayana Manuscripts (NRRM), aimed at preserving rare and ancient versions of the scripture from across India.
1 mins
March 09, 2026
The New Indian Express Tiruchy
24 bonded labourers rescued from cane field
TWO dozen bonded labourers from Madhya Pradesh, who were employed in a sugarcane field at Olapalayam village in Erode, have been rescued.
1 min
March 09, 2026
The New Indian Express Tiruchy
Women stay in focus, farmers lose out in Mann's last budget
WITH less than a year left for assembly elections, AAP-led Punjab government on Sunday presented the budget for 2026-27 with an allocation of %2,60,437 crore.
1 mins
March 09, 2026
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