Permanent Magnets

Ashvini Rare Earth seeks to build domestic rare-earth magnet base

Investor sentiment has shifted since Ashvini last attempted to raise capital five years ago, when China’s dominance over rare-earth magnets…

December 22, 2025 16:57 IST

Cabinet Clears ₹7,280 Crore Scheme for Rare Earth Permanent Magnets to Break China’s Hold

Incentive scheme for rare earth magnets gets Cabinet nod

The seven-year scheme, which includes sales-linked incentives and capital subsidies, aims to establish an indigenous 6,000 MTPA manufacturing capacity.

November 26, 2025 22:18 IST

India to Incentivize Domestic Rare Earth Magnet Manufacturing and Overseas Mine Acquisitions. / Representative Photo (Image Source: Reuters)

Govt eyes magnets push, supports foreign mine deals

The Indian government is implementing a two-pronged strategy to boost the domestic rare earth permanent magnet (REPM) industry and reduce…

August 6, 2025 19:29 IST

India Plans Rs 1,350 Crore Scheme to Boost Domestic Rare Earth Magnet Production, Counter China Dominance. (Image Source: Canva)

Rs 1,350 crore incentive scheme in works for domestic production of rare earth magnets

India is preparing to launch a Rs 1,350 crore (approximately $160 million) incentive scheme to significantly boost domestic production of…

July 10, 2025 05:23 IST

Rare earth materials India, Indian delegation China rare earth, rare earth magnet shortage, China export restrictions rare earth, India China rare earth supply, rare earth supply chain disruption, rare earth export curbs China, Indian auto industry rare earth crisis

Magnet Mayhem: Why your new car might not arrive this summer

India’s auto sector is facing a supply crisis as rare earth magnet imports from China are stuck. A 50-member delegation,…

June 29, 2025 19:30 IST

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HCLSoftware to acquire Jaspersoft for $240mn

Business11 hr ago

HCLSoftware, a subsidiary of HCLTech, has acquired Jaspersoft from Cloud Software Group for $240 million to strengthen its data and AI software portfolio. This will enhance Actian’s offerings and broaden its reach among developers. The acquisition will also support Actian’s agentic BI roadmap and add embedded analytics capabilities.

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