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Rare-Earth Magnets (REPM)
India Rare-Earth Magnets (REPM)
The ₹7,280 Cr bet on making sintered NdFeB magnets at home
Policy report · Oct 2026
India Rare-Earth Magnets (REPM)
A strategic scheme with real money per kilo, but listed exposure is thin and winners are not named yet; magnet users gain supply security before any maker earns from it.
Further reading
- Cabinet approves Rs 7,280 crore scheme for sintered rare-earth permanent magnetsPIB, 26 Nov 2025 ↗
- Scheme notification, RFP and addenda (Sintered REPM scheme)Ministry of Heavy Industries ↗
- MHI receives 20 bids for integrated sintered NdFeB magnet plantsPIB, 13 Aug 2026 ↗
- India's REE strategy: turning resources into capacityObserver Research Foundation ↗