India Maps Rare Earth Reserves, Pushes Magnet Manufacturing With ₹7,280 Cr Plan

India has identified over 8.5 million tonnes of rare earth oxide resources across coastal and inland regions, the government said on April 2, 2026, in Parliament. While the country holds domestic reserves, it remains dependent on imports for rare earth magnets due to processing and industrial gaps. A ₹7,280 crore incentive scheme aims to build […]