Scheme for Domestic Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)
Sector: Electric Vehicles (EVs) • Location: India
Source: Swarajyamag
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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Project Information
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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