Last mentioned: Mar 20, 2026
Facility Construction
Targeted commencement of construction for the first domestic rare earth magnet plants.
Bid Evaluation
Expected deadline for bid submissions and technical evaluations by the Ministry.
Global Bid Invitation
Government of India officially invites bids for domestic magnet manufacturing units.
Mineral Strategy Launch
India identifies critical minerals and launches a dedicated mineral security strategy.
The Government of India has officially invited global bids to establish domestic manufacturing facilities for rare earth magnets, a critical component for electric vehicles and wind turbines. This strategic move aims to reduce import dependency, particularly on China, and secure the supply chain for India's ambitious renewable energy and EV targets.
The Government of India has officially invited global bids to establish domestic manufacturing facilities for rare earth magnets, a move aimed at reducing import dependency and securing critical supply chains for high-tech industries. This initiative targets the production of high-performance permanent magnets essential for electric vehicles, renewable energy, and defense applications.
The Government of India has launched a global tender to establish domestic manufacturing facilities for rare earth magnets, a move aimed at securing critical supply chains for defense and aerospace. This initiative seeks to leverage India's significant mineral reserves to reduce a near-total reliance on Chinese imports for high-tech components.
Brazil and India have signed a landmark agreement to collaborate on the exploration, extraction, and processing of rare earth elements. This partnership aims to secure critical mineral supply chains for the energy transition and reduce global dependence on Chinese exports.