India Is Set to Triple Rare Earth Magnets Plan to $788 Million
India plans to almost triple the size of its incentive program for rare earth magnet manufacturing to more than 70 billion rupees ($788 million) as it races to build domestic...
By Alisha Sachdev · Bloomberg Markets
India plans to almost triple the size of its incentive program for rare earth magnet manufacturing to more than 70 billion rupees ($788 million) as it races to build domestic capacity in a sector dominated by China, according to people familiar with the matter.