What is the latest status of the project “Rare Earth Permanent Magnet Manufacturing Scheme”?

The status recorded for “Rare Earth Permanent Magnet Manufacturing Scheme” is planned.

What is the budget and commercial profile for the project “Rare Earth Permanent Magnet Manufacturing Scheme”?

Taiyo normalizes the budget of “Rare Earth Permanent Magnet Manufacturing Scheme” to USD 88983440.

Where can I verify the source and access all details for “Rare Earth Permanent Magnet Manufacturing Scheme”?

This Taiyo project page references Whalesbook along with the original URL (https://www.whalesbook.com/news/English/industrial-goodsservices/India-Extends-Rare-Earth-Magnet-Tender-Amid-Participation-Concerns/6a0728e8e125a601ebdc6211). Taiyo standardizes official data into a consistent, searchable project profile.

Rare Earth Permanent Magnet Manufacturing Scheme

Sector: Wind • Location: India

Source: Whalesbook

Project

Planned

India's government has launched a Rs 7,280-crore scheme to encourage domestic manufacturing of sintered rare earth permanent magnets (REPMs) with a target capacity of 6,000 metric tonnes per annum. The scheme aims to build a complete supply chain for REPMs, which are critical for electric vehicles, wind turbines, advanced electronics, and defense systems, to reduce import dependence and achieve se

Status: Prospective
Sector: Wind, Aerospace & Defense, Warehouse, Electric Vehicles (EVs), Government, Manufacturing (Industrial), Automotive
Location: India
Updated: 22 Jul 2026
Source: Whalesbook

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Project Information

4 Q

The project “Rare Earth Permanent Magnet Manufacturing Scheme” is an infrastructure initiative in the Wind sector, located in India. Taiyo aggregates data on it from Whalesbook.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	India's government has launched a Rs 7,280-crore scheme to encourage domestic manufacturing of sintered rare earth permanent magnets (REPMs) with a target capacity of 6,000 metric tonnes per annum. The scheme aims to build a complete supply chain for REPMs, which are critical for electric vehicles, wind turbines, advanced electronics, and defense systems, to reduce import dependence and achieve self-reliance.
Original sector	Industrial Goods/Services
Budget

Location

Country

India

Source

Source	Whalesbook
URL

More Details

Record type	Project
Sector	Wind, Aerospace & Defense, Warehouse, Electric Vehicles (EVs), Government, Manufacturing (Industrial), Automotive
Article published date	2026-05-18

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