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Indian Government announces scheme to promote manufacturing of sintered rare-earth permanent magnets
On November 26, the Union Cabinet of India approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets'. It aims to establish 6,000 metric tons per annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing in India. The total financial outlay of the scheme is INR 72.8 bill....
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