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India’s Blueprint to Localise Rare Earth Magnet Production
According to Primus Partners, India must localise rare earth magnet production with a five-pillar strategy to reduce China dependence and secure the electric vehicle (EV) and clean energy ecosystem.Read more
Can the new RDI scheme be a game-changer for R&D in India?
India spends just 0.64 per cent of its GDP on R&D (compared to global average of above 2 per cent). The new Research Development and Innovation (RDI) scheme, with a corpus of Rs 1 trillion, can change this equation, says Rakesh Rao.Read more
Uncertainty over rare-earth magnets supply hurting Indian auto industry
According to ICRA, inventories of rare earth magnets may last only until mid-July 2025 for certain automotive applications. It adds that contingency options appear ridden with logistical, regulatory, and engineering complexities.Read more
