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Will Rs 7,280 crore REPM scheme help secure domestic supply of magnets for defence and aerospace?

Will Rs 7,280 cr REPM scheme help secure domestic supply of magnets for defence and aerospace?

REPM scheme is a Rs 7,280 crore initiative approved by the Union Cabinet on November 26, 2025, to promote the…

Updated: June 29, 2026 14:22 IST

Industry flags supply risks, flawed incentives in magnet push

Industry flags raw material constraints and flawed incentive design in the Centre’s Rs 7,280 crore rare-earth magnet scheme, raising concerns…

April 7, 2026 19:32 IST

India to End 95% Import Dependence with Domestic Permanent Magnet Production by End of 2026

Permanent magnet production to start by year-end: Govt

India is set to begin domestic production of rare-earth permanent magnets (REPMs) by late 2026, backed by a ₹7,280-crore PLI…

February 20, 2026 00:36 IST

India to start magnet manufacturing by 2028: Move to cut China dependence and boost EV ecosystem

India is set to begin domestic manufacturing of rare-earth permanent magnets by 2028, as the government rolls out a Rs…

February 11, 2026 00:57 IST

The magnet mission: India’s rare earth push and the 3 stocks in focus. (Image Source: Canva)

Down up to 70% from 52-week highs: 3 rare earth stocks to watch

Here is a look at 3 rare earth stocks down up to % from 52-week highs. Should you consider them?

January 25, 2026 05:30 IST

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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