May 25, 2026

import dependence

Rs 7,280 crore rare Earth magnet scheme: Industry hails REPM initiative; firms see reduced import dependence – The Times of India

Rs 7,280 crore rare Earth magnet scheme: Industry hails REPM initiative; firms see reduced import dependence – The Times of India

admin06 mins

Union Cabinet’s approval of a Rs 7,280 crore rare earth permanent magnet (REPM) scheme has been welcomed by industry executives as a major boost to India’s EV and electronics supply chains. The programme aims to create 6,000 metric tonnes per annum of integrated REPM capacity through five globally bid projects, supported by sales-linked incentives and…

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Auto sector: India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’ – The Times of India

Auto sector: India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’ – The Times of India

admin05 mins

India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’ India is stepping up efforts to manufacture specialised high-grade steel for the automobile sector in order to cut down reliance on imports, Union minister for steel and heavy industries H D Kumaraswamy said on Thursday.Speaking at the annual convention…

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