Union Minister for Heavy Industries H D Kumaraswamy confirmed that the proposed scheme has a financial allocation of Rs 1,345 ...

HD Kumaraswamy has announced that the Centre will soon be launching a scheme with an outlay of Rs 1,345 crore to make rare earth magnets in India.

The Indian government has allocated Rs 1,345 crore to boost domestic production of rare earth magnets, as announced by Heavy ...

The move comes after China, the world’s dominant supplier, imposed export restrictions in April this year on seven rare earth ...