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Title	India plans to triple rare earth magnet incentive outlay to over ₹7,000 crore
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Detail	This significant increase from a previous plan seeks to secure critical materials for key industries, though challenges like funding and expertise persist. The government is also exploring alternative technologies to further diversify supply chains.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date	02.11.2025
Original Url	Original Url
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Title
India plans to triple rare earth magnet incentive outlay to over ₹7,000 crore
Detail
This significant increase from a previous plan seeks to secure critical materials for key industries, though challenges like funding and expertise persist. The government is also exploring alternative technologies to further diversify supply chains.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Printing and Publishing Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
02.11.2025
Original Url
Original Url
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