India Rare Earth Magnet Manufacturing Capacity Expansion
Sector: Government • Location: India
Source: Electronics For You BUSINESS
India plans to nearly triple the size of its incentive programme for rare earth magnet manufacturing to more than $788 million. The initiative aims to strengthen domestic capacity in rare earth magnet production, which is vital for electric vehicles, renewable energy, and defence industries. The government intends to support around five companies through production-linked and capital subsidies to
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Participants
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Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | India plans to nearly triple the size of its incentive programme for rare earth magnet manufacturing to more than $788 million. The initiative aims to strengthen domestic capacity in rare earth magnet production, which is vital for electric vehicles, renewable energy, and defence industries. The government intends to support around five companies through production-linked and capital subsidies to establish a local supply chain for high-performance magnets essential to clean energy technologies and advanced manufacturing. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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