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Magnet mayhem! Number of Indian companies awaiting licences from China for rare earths doubles; industry supplies hit hard – Times of India

Magnet mayhem! Number of Indian companies awaiting licences from China for rare earths doubles; industry supplies hit hard – Times of India

  • Post author:1m1bchangemakers
  • Post published:June 15, 2025
  • Post category:Business
  • Post comments:0 Comments

52 India-based companies depend on Chinese magnets for supplying to automobile manufacturers across the country. (AI image) China’s hold on rare magnets sends Indian industry supply in tailspin! The count…

Continue ReadingMagnet mayhem! Number of Indian companies awaiting licences from China for rare earths doubles; industry supplies hit hard – Times of India

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