Tag: Rare Earth Permanent Magnets (REPM)

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China squeezed the magnets, India switched on the power – inside the ₹7,280 crore REPM gamble 

The Union Cabinet’s approval of a ₹7,280 crore “Scheme to Promote Manufacturing of Sintered REPM”, chaired by PM Narendra Modi and projected as a first-of-its-kind, strategic intervention.