Try GOLD - Free
Sona Comstar Plans to Produce Rare Magnets in India Amid Chinese Curbs
The New Indian Express Kalaburagi
|July 01, 2025
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.
This story is from the July 01, 2025 edition of The New Indian Express Kalaburagi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kalaburagi
The New Indian Express Kalaburagi
WHY WOMEN INVESTORS MUST TAKE CHARGE
HE war situation in the Middle East is worrying investors everywhere.
2 mins
March 09, 2026
The New Indian Express Kalaburagi
THREE JOURNEYS, ONE FORCE: HOW EDUCATION REWRITES FUTURES
NOT every educational journey begins with a grand plan.
1 mins
March 09, 2026
The New Indian Express Kalaburagi
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 Kalaburagi
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 Kalaburagi
Delhi HC to hear suit against SAP next week
THE Delhi High Court will hear Nayara Energy’s lawsuit against German software company SAP’s India unit suspending software services critical to its operations this week.
1 min
March 09, 2026
The New Indian Express Kalaburagi
Woman walks 350 km to protest chit-fund scam
SARASWATI Devi, a social activist from Srinagar, Uttarakhand, has proven that determination can move mountains.
1 mins
March 09, 2026
The New Indian Express Kalaburagi
Airspace shutdown pushes Iranians and travellers to Turkey land border
A land crossing near eastern Turkey’s Van province is one of the few routes connecting Iranians to the rest of the world amid an airspace shutdown in Iran since the US and Israel launched strikes on Tehran over a week ago, triggering war in the Middle East.
1 min
March 09, 2026
The New Indian Express Kalaburagi
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 Kalaburagi
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 Kalaburagi
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
Listen
Translate
Change font size