‘Working on it’: India eyes rare earth magnet self-reliance; incentive scheme likely soon to counter China – Times of India
This is an AI-generated image, used for representational purposes only. India is working to resolve the ongoing rare earth magnet supply crisis and reduce reliance on China by ramping up domestic production and offering incentives, heavy industries minister H D Kumaraswamy said on Tuesday.“We are working on it,” Kumaraswamy told reporters, adding that Hyderabad-based Midwest…