Tag: permanent magnets
DPIIT issues updated SOP for processing FDI applications
The government will now clear all FDI proposals within 12 weeks as per the updated standard operating procedure (SOP) for processing foreign direct investment applications.According…
Go Swadeshi: CEA V Anantha Nageswaran calls for urgent indigenisation amid global trade headwinds
New Delhi: Amid global trade turbulence, chief economic adviser V Anantha Nageswaran has identified 6-10 areas which urgently require indigenisation and five key ‘clusters’ in…
Govt notifies Rs 7,280-crore scheme to manufacture rare earth magnets in India
New Delhi, The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore….
Cabinet approves rare earth permanent magnet scheme; Rs 9,857.85 crore Pune metro expansion gets cabinet nod
The Union Cabinet approved a Rs 7,280 crore rare earth permanent magnet scheme, two railway multi-tracking projects, and expansion of the Pune metro. Announcing the…
Cabinet clears Rs 7,280 cr rare earth magnet manufacturing scheme
The Union Cabinet on Wednesday cleared a Rs 7,280-crore incentive scheme aimed at boosting domestic manufacturing of rare earth magnets. The proposal, designed with a…