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India Clears Rs 72.80 Bn Rare Earth Permanent Magnets scheme

Auto industry welcomes the scheme, which comprises a sales-linked incentives of Rs 64.50 billion on Rare Earth Permanent Magnets (REPM) sales for five years and capital subsidy of Rs 7.50 billion for setting up an aggregate of 6,000 MTPA of REPM manufacturing facilitiesRead more

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