China Rare Earth Restrictions: India’s Defence & EV Industry Response
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China’s tightening grip on rare earth exports has sparked global concern — and India is fighting back with a ₹7,350 crore plan to build self-reliance in rare earth magnet production. As China enforces export restrictions on key minerals crucial for electric vehicles, wind turbines, defence systems, and electronics, India’s magnet manufacturing strategy aims to reduce import dependence and strengthen strategic supply chains. This move is not just about industrial policy — it’s a step toward energy security, economic independence, and geopolitical leverage. With China’s rare earth monopoly facing scrutiny, India’s efforts to develop domestic magnet production could redefine its position in the global technology and clean energy race. Watch as we break down how India’s rare earth mission could transform its economy and challenge China’s dominance in critical mineral markets.
China Rare Earth Restrictions: India’s Defence & EV Industry Response
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