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Rare earth elements are a group of 17 chemically similar metals indispensable to a wide range of advanced technologies. In the 21st century, strategic advantage is increasingly defined not just by control over oil or gas, but by access to critical minerals. Among these, rare earth elements (REEs) hold unparalleled importance. REEs are a group of 17 chemically similar metals indispensable to a wide range of advanced technologies. They are used in permanent magnets, which are essential for electr ...Read More >
Mahindra & Mahindra is proactively managing potential rare earth magnet supply disruptions caused by China's export restrictions. The company is securing alternative sources for the next nine months and investing in engineering solutions for long-term supply chain resilience. While Maruti Suzuki and Hyundai India haven't faced production impacts, M&M is preparing for future growth amid industry-wide concerns. Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sou ...Read More >
The SonaSPEED lab's Simplex Permanent Magnet Stepper Motors successfully powered ISRO-NASA's NISAR mission launched via GSLV-F16. Developed in Salem and Bengaluru, these motors played a crucial role in fuel regulation and engine control during India's latest Earth observation satellite mission. Bengaluru: When the GSLV-F16 lifted off from the Satish Dhawan Space Centre in Sriharikota on the evening of July 30, scores of researchers at the SonaSPEED laboratories in Salem and Bengaluru rejoiced, ...Read More >
Scientists developed advanced models to trace both the path and thermal behaviour In May 2024, the remote Himalayan skies over Ladakh were unexpectedly painted with a rare celestial display, northern lights, or auroras, typically only visible much closer to the poles. Now, over a year later, astronomers from the Indian Institute of Astrophysics (IIA) have unveiled the remarkable chain of events that triggered this rare spectacle: a record-breaking solar storm caused by six massive, interacting ...Read More >
The partnership is part of broader collaboration under the EU-India Trade and Technology Council, which promotes cooperation in sustainable technology, critical minerals and industrial resilience. BatX Energies has signed a Memorandum of Understanding (MoU) with German firm Rocklink GmbH to establish India's first integrated ecosystem for rare earth magnet recycling and refining. The initiative aims to combine BatX's operational presence with Rocklink's technical expertise in critical material ...Read More >
New Delhi, Jul 15 (PTI) Ola Electric could gain market share in the near term with relatively less disruption expected due to rare earth magnets shortage, according to a report by Goldman Sachs. The company has successfully developed heavy rare earths (HRE) free motors which are scheduled for production deployment in Q3 FY26. Ola Electric expects relatively low disruption from rare earth shortages and could gain market share in the near term as a result, Goldman Sachs stated. The company mana ...Read More >
New Delhi, Jul 14 (PTI) Astronaut Shubhanshu Shukla, the Axiom-4 mission pilot, has showcased a zero-gravity experiment aboard the International Space Station (ISS) involving water to illustrate how microgravity transforms everyday physics. The experiment, part of Axiom Space's outreach and scientific mission, highlighted the unique behaviour of water in space. After an 18-day stay at the ISS, Shukla and three others -- commander Peggy Whitson and mission specialists Slawosz Uznanski-Wisniewsk ...Read More >
New Delhi, Jul 14 (PTI) Astronaut Shubhanshu Shukla, the Axiom-4 mission pilot, has showcased a zero-gravity experiment aboard the International Space Station (ISS) involving water to illustrate how microgravity transforms everyday physics. The experiment, part of Axiom Space's outreach and scientific mission, highlighted the unique behaviour of water in space. Also Read | Ahmedabad Plane Crash: DGCA Directs Airlines To Check Locking Mechanism of Fuel Switches of Boeing Planes After Air India ...Read More >
New Delhi, July 14: Bhavish Aggarwal-led electric two-wheeler maker Ola Electric on Monday reported a consolidated net loss of Rs 428 crore in Q1 FY26, as revenue from operations also nosedived to Rs 828 crore -- a 49.6 per cent year-on-year decline from Rs 1,644 crore revenue in the same quarter last fiscal. The net loss widened by nearly 30 per cent (year-on-year) from Rs 347 crore net loss in Q1 FY25 for the company, according to its stock exchange filing. The e-scooter deliveries were also ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): Union Coal and Mines Minister G Kishan Reddy on Saturday said that the government has introduced Production Linked Incentive (PLI) schemes to encourage participation of private players in rare earth permanent magnets production. The Centre has initiated PLI schemes, which offer financial incentives tied directly to measurable outcomes and have been designed to boost domestic manufacturing. Also Read | Air India Plane Crash: AAIB Report Preliminary, ...Read More >
New Delhi [India], July 12 (ANI): Union Minister for Coal and Mines G Kishan Reddy on Saturday said that the Central Government has decided to begin the production of rare earth magnets in Hyderabad, as part of its broader push for self-reliance in critical technologies. Speaking to ANI, the minister said, 'The Central Government has decided to produce rare earth magnets in Hyderabad. Our Mining Ministry's NFTSM institute is working diligently, along with various industries, to manufacture the ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. We used to be 100 dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing, Kishan Reddy told ANI. Our ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): The Centre is trying to make available technology in three to four months to different private factories to ramp up rare earth magnets production in India, said Union Minister for Coal and Mines, G Kishan Reddy. "We used to be 100% dependent on China for permanent magnets of the rare earths. But recently, China has refused to supply. With this view, the Indian government is making efforts for permanent magnet manufacturing," Kishan Reddy told ANI. ...Read More >
Mumbai, July 12: Raveena Tandon's son Ranbir Thadani has turned 18 and the actress welcomed him to adulthood with a heartfelt note. Raveena took to Instagram, where she shared a string of adorable pictures from Ranbir and her actress-daughter Rasha's younger days. For the caption, the star wrote: "Welcome to Adulthood my son, Happy 18 th . I love you , your my heart, My sunshine , my forever love . Proud of the Man you've become. Kind , compassionate , strong, caring. Mahadev walks with you (sic ...Read More >
New Delhi [India], July 12 (ANI): Union Minister for Coal and Mines G Kishan Reddy on Saturday said that the Central Government has decided to begin the production of rare earth magnets in Hyderabad, as part of its broader push for self-reliance in critical technologies. Speaking to ANI, the minister said, "The Central Government has decided to produce rare earth magnets in Hyderabad. Our Mining Ministry's NFTSM institute is working diligently, along with various industries, to manufacture the ...Read More >
New Delhi [India], July 12 (ANI): Union Minister for Coal and Mines G Kishan Reddy on Saturday said that the Central Government has decided to begin the production of rare earth magnets in Hyderabad, as part of its broader push for self-reliance in critical technologies. Speaking to ANI, the minister said, The Central Government has decided to produce rare earth magnets in Hyderabad. Our Mining Ministry NFTSM institute is working diligently, along with various industries, to manufacture the nec ...Read More >
New Delhi [India], July 11 (ANI): Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), welcomed the central government initiatives to ramp up rare earth magnets production in India, particularly the incentives the latter is earmarking for. ICEA is the apex industry body representing the entire electronics sector. 'We are extremely excited, although this will make set up capacities in the longer run, but the intention is very good and I think it is very timely becaus ...Read More >
New Delhi [India], July 11 (ANI): The central government has earmarked Rs 1,345 crore to incentivise rare earth magnets production in India, aimed at building domestic capacity when there are reports of global short supply. 'Some progress is going on (on the rare earth magnet production front). We have already allocated Rs 1,345 crore (for subsidy). We are on course to select the manufacturers,' Minister for Heavy Industries HD Kumaraswamy told reporters at a press conference Friday. Heavy Ind ...Read More >
New Delhi: There is some important information for those in India related to electric vehicles (EVs) business and advanced technology. The country's leading auto company Mahindra & Mahindra and auto parts maker Uno Minda are now preparing to make rare earth magnets in India. These magnets are very important for electric motors, defense systems and electronic devices. Till now India was dependent on China for their supply, but this collaboration between Mahindra & Mahindra and Uno Minda will chan ...Read More >
Union Minister H. D. Kumaraswamy confirms an incentive scheme to ramp up domestic rare earth magnet production. Leading companies, including Mahindra & Mahindra, Uno Minda, and Sona BLW Precision Forgings, are eager to invest in local manufacturing facilities to support this strategic push. India has launched a Rs 1,345 crore incentive programme to enhance domestic production of rare earth magnets, aiming to reduce reliance on China. India's initiative responds to China's tightened export contr ...Read More >
New Delhi, Jul 11 (PTI) Inter-ministerial consultations are underway for a ₹1,345-crore scheme to subsidise production of rare earth magnets in India with two select manufacturers proposed to be given incentives, Union Heavy Industries Minister H D Kumaraswamy said on Friday. The proposed scheme comes in the wake of China restricting exports of rare earth magnets that has hit global supplies, impacting EV makers, including in India. It will provide end-to-end support for conversion of rare ear ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged the energy storage industry to reduce dependence on imports from certain countries, explore alternative sources of supply and focus on research and development for creation of innovative products. "We must work to prevent distortions. We must reduce our dependency on particular geographies and look at alternative sources of supply, where we can have resilience in our supply chain," he said at the 11th India Energy Storage ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged the energy storage companies to cut dependency on imports from certain countries and explore alternate sources of supply. He also suggested the industry to focus on research and development for creation of innovative products. "We must work to prevent distortions. We must reduce our dependency on particular geographies and look at alternative sources of supply, where we can have resilience in our supply chain," Goyal said ...Read More >
NEW DELHI: Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are still awaiting clearan ...Read More >
NEW DELHI, July 10 (Reuters) - Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are st ...Read More >
India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domestic electronics manufacturing.Source : Freepik India's electronics manufacturing sector, which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ran ...Read More >
New Delhi: Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought government suppor ...Read More >
New Delhi, Jun 29 (PTI) Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Also Read | Bodoland Lottery Result Today, June 29, 2025: Assam State Lott ...Read More >
New Delhi, Jun 29 (PTI) Indian Auto industry representatives are yet to leave for China to expedite the import of rare earth magnets as the delegation is still awaiting a formal go-ahead from the Chinese commerce ministry for a meeting, as per industry sources. Around 40-50 industry executives have received visas last month, but are still awaiting a formal nod from the Chinese authorities for the meetings on the matter. Staring at shortages, the domestic automobile industry has also sought gov ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.