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Union Cabinet approves ₹7,280 crore scheme for rare earth permanent magnets
The Statesman Siliguri
|November 27, 2025
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a INR 7,280-crore "Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets", aimed at building domestic capacity in a strategically critical segment dominated globally by China.
According to an official statement, the first-of-its-kind initiative seeks to create 6,000 metric tonnes per annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing capacity in India, strengthening self-reliance and positioning the country as an emerging player in the global magnet supply chain.
Denne historien er fra November 27, 2025-utgaven av The Statesman Siliguri.
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FLERE HISTORIER FRA The Statesman Siliguri
The Statesman Siliguri
Responsibility
Sir, After reading the article \"Women at Work\", one thing becomes crystal clear ~ India cannot talk about becoming a developed nation while half of its population is still fighting for basic equality, safety and fair opportunities in the workplace.
1 min
November 27, 2025
The Statesman Siliguri
Why climate action needs inequality focus
Jakarta Post
2 mins
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The Statesman Siliguri
Marandi alleges 'House' nexus runs Jharkhand coal racket
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1 min
November 27, 2025
The Statesman Siliguri
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1 min
November 27, 2025
The Statesman Siliguri
India, Slovenia explore trade, cooperation
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1 min
November 27, 2025
The Statesman Siliguri
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1 mins
November 27, 2025
The Statesman Siliguri
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1 mins
November 27, 2025
The Statesman Siliguri
A personal journey of nurturing talent
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3 mins
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The Statesman Siliguri
Nuclear Opening
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2 mins
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The Statesman Siliguri
UK’s Labour govt to raise taxes in high-stakes budget
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1 mins
November 27, 2025
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