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Sona Comstar Plans to Produce Rare Magnets in India Amid Chinese Curbs
The New Indian Express Tiruchy
|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.
यह कहानी The New Indian Express Tiruchy के July 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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The New Indian Express Tiruchy
Six months on, students and faculty not paid yet for anti-drug survey
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NIA files 12 cases in Malda hostage crisis
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Netanyahu authorises Lebanon talks, aims to disarm Hezbollah
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1 mins
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Gopinath, last survivor of India's first Test win, dies
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1 min
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The New Indian Express Tiruchy
Hope beckons as education reaches 35 children in small J’khand hamlet
BRINGING a ray of hope to families in Bidikai village of Khunti district of Jharkhand, a makeshift school was formally inaugurated with the support of ITM, Ranchi, on Thursday.
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The New Indian Express Tiruchy
Google launches new AI features in Vids for easier video creation
Google has announced new features for its video creation tool, Google Vids, making it easier for users to create and edit vide-
1 min
April 10, 2026
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