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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.
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The New Indian Express Tiruchy
Fresh tenders floated for rooftop solar systems on govt offices in 4 dists
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After murders, Nainital’s nightlife switches off
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HC cap on tourist vehicles in Valparai: 500 on weekdays & 750 on weekends
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B'day gift: Shivraj launches 'Mama' mobile clinics, coaching class in Vidisha
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AI push meets resistance in mid-level at IT firms, new tech reshaping daily work
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The New Indian Express Tiruchy
Speculation over, Nitish files Rajya Sabha papers
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The New Indian Express Tiruchy
TN prohibits communal activities in pvt schools
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The New Indian Express Tiruchy
RN Ravi new guv of West Bengal as Bose resigns
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The New Indian Express Tiruchy
'Everything can't be achieved in an alliance'
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