Rare earth magnets will come to India from China: Started giving licenses to Indian companies; Most used in EV, Electronics, Medical
New Delhi19 minutes ago copy link China has started issuing licenses to export ‘Rare Earth Magnet’ (REM) to Indian companies and foreign companies operating in India. According to government officials, China’s Commerce Ministry has started processing and approving these applications. For some time, there was concern in the Indian automobile and electronics industry due to…