Economy · India
20 Firms Bid for India's Rare Earth Magnet Manufacturing Scheme
Twenty companies have submitted bids for India's scheme to manufacture rare earth magnets. Among the bidders are Larsen & Toubro (L&T) and Coal India Limited (CIL). The scheme aims to boost domestic production of these critical materials. This initiative is part of India's broader strategy to achieve self-reliance in strategic sectors.
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- Centre (2): The Financial Express, The New Indian Express