India to manufacture rare earth magnets locally due to Chinese supply cut – media
📰 Source: RT
New Delhi is introducing a $156 million-subsidy to assist domestic producers of the crucial component for the high-technology industry India has launched a $156 million subsidy scheme in a bid to boost domestic production of rare earth magnets, the Moneycontrol website reported on Friday. The move comes after China introduced curbs on rare earth exports. […]
