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Government of India invites bids for 6,000 MTPA rare earth permanent magnet capacity

On April 7, the Ministry of Heavy Industries (MHI) hosted a pre-bid conference for its scheme to promote the manufacturing of sintered rare earth permanent magnets, drawing participation from at least 25 companies. The scheme, with a total outlay of INR 72.8 billion, invites bids for setting up 6,000 MTPA of integrat....

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