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Cabinet clears Rs 7,280 crore rare earth magnet plan
First India Jaipur
|November 27, 2025
The Union Cabinet on Wednesday approved a Rs 7,280 crore scheme to promote manufacturing of sintered rare earth permanent magnets, chaired by PM Narendra Modi.
Information and Broadcasting Minister Ashwini Vaishnaw said the scheme aims to create a production capacity of 6,000 MTPA, supporting industries like electric vehicles, aerospace,
Dit verhaal komt uit de November 27, 2025-editie van First India Jaipur.
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