India Approves $815 Million Rare Earth Plan to Spur Local Output
India’s cabinet has approved a 72.8 billion rupee ($815 million) incentive program for rare earth magnets, intensifying the country’s push to build domestic capacity and reduce its dependence on China.
By Preeti Soni · Bloomberg Markets
India’s cabinet has approved a 72.8 billion rupee ($815 million) incentive program for rare earth magnets, intensifying the country’s push to build domestic capacity and reduce its dependence on China.