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Scheme for Domestic Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)

Sector: Electric Vehicles (EVs) • Location: India

Source: Swarajyamag

Project
Approved

A Rs. 7,280 crore scheme approved by the Indian Cabinet in November 2025 to establish facilities with a capacity of 6,000 metric tonnes per year for manufacturing rare earth permanent magnets domestically, reducing import dependence and supporting sectors like electric vehicles and defence.

Status
Prospective
Sector
Electric Vehicles (EVs), Automotive, Manufacturing (Industrial), Government
Location
India
Updated
22 Jul 2026
Source
Swarajyamag

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The project “Scheme for Domestic Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in India. Taiyo aggregates data on it from Swarajyamag.

Participants

Sponsoring Agency

Status

Original status

approved

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A Rs. 7,280 crore scheme approved by the Indian Cabinet in November 2025 to establish facilities with a capacity of 6,000 metric tonnes per year for manufacturing rare earth permanent magnets domestically, reducing import dependence and supporting sectors like electric vehicles and defence.

Original sector

Technology

Budget

Location

Country

India

Source

Source

Swarajyamag

URL

More Details

Record type

Project

Sector

Electric Vehicles (EVs), Automotive, Manufacturing (Industrial), Government

Article published date

2025-12-19

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