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The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
India's first prototype fast-breeder reactor (PFBR) in Tamil Nadu's Kalpakkam on Monday (April 6, 2026) came another step forward in its civil nuclear journey as it attained criticality. First criticality in a fast breeder reactor is the moment when the nuclear chain reaction becomes self-sustaining. A breeder reactor is a nuclear reactor that produces more fissile material than it consumes. In a 'fast' breeder reactor, the neutrons aren't slowed, allowing them to trigger specific fission react ...Read More >
New Delhi, April 2 (SocialNews.XYZ) India holds rare earth oxide resources of approximately 8.52 million tonnes, but remains dependent on imports for rare earth magnets and related products due to low-grade domestic deposits, regulatory constraints and a limited processing industry, the Parliament was informed on Thursday. In a written reply in Rajya Sabha, Union Minister of State for Science and Technology, Dr Jitendra Singh, said the Atomic Minerals Directorate for Exploration and Research ha ...Read More >
New Delhi, Mar 30 (PTI) The government on Monday approved the fourth tranche of 29 proposals under the Electronics Components Manufacturing Scheme with a projected investment of Rs 7,104 crore, with IT Minister Ashwini Vaishnaw stressing that the industry must build in-house design capabilities and adopt Six Sigma quality standards to avail future support and incentives. The latest tranche includes approval for the Rare Earth Permanent Magnet facility by Lohum Cleantech, entailing Rs 700 crore ...Read More >
Gurgaon: The city's air quality showed a marked improvement on Wednesday, falling to 281 (poor) from 370 (very poor) a day earlier, thanks to stronger northwesterly winds that helped disperse pollutants lingering in the airshed since Diwali.According to India Meteorological Department (IMD), the improvement was driven by a temporary increase in wind speed, which helped clear the haze that blanketed the city after the festival that saw people burst crackers across the city much beyond the two-hou ...Read More >
Chennai: India's fast breeder reactor programme achieved twin milestones this week. The Fast Breeder Test Reactor (FBTR) at the Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam, marked 40 years of attaining first criticality. Meanwhile, engineers began loading fuel into the Prototype Fast Breeder Reactor (PFBR), the country's most advanced and complex atomic power plant.Officials said the Atomic Energy Regulatory Board (AERB) recently granted permission for fuel loading into the 500 M ...Read More >
Bengaluru : India's push toward clean mobility, green energy, and advanced manufacturing is facing a hidden vulnerability: its near-total reliance on imported rare-earth magnets. A new report by Primus Partners, From Extraction to Innovation: A Blueprint for Enhancing Rare Earth Magnet Ecosystem in India's EV Roadmap, outlines a national strategy to address this gap and build a self-reliant, globally competitive ecosystem for neodymium-iron-boron (NdFeB) magnets. The report underscores the urge ...Read More >
New Delhi: SAEL Industries said on Monday that it will invest around ₹8,200 crore to set up a facility with a 5 GW solar cell manufacturing unit and a 5 GW module manufacturing line in Greater Noida. The integrated solar manufacturing project, being executed by subsidiary SAEL Solar P6 Pvt Ltd, will take the company's total solar module manufacturing capacity to 8.5 GW. The plant will produce tunnel oxide passivated contact (TOPCon) solar cells which will be assembled into solar panels at in-ho ...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 >
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