India's $800 million plan to produce 6,000 tonnes of NdFeB magnets annually aims to support clean-energy industries but may fulfill less than half of future domestic demand.
The scheme aims to create 6,000 tons annual capacity
Aug 24, 2026
03:19 pm
What's the storyThe Indian government has announced an $800 million plan to produce high-strength neodymium-iron-boron (NdFeB) magnets.
The scheme aims to create up to 6,000 tons of these magnets in annual capacity.
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