20 firms bid for India's Rs 7,280-cr rare earth magnet scheme

20 firms bid for India's Rs 7,280-cr rare earth magnet scheme

Twenty companies, including L&T, Coal India, and global players, bid for India's Rs 7,280-crore scheme to boost domestic rare earth magnet manufacturing. The initiative aims to establish 6,000 MTPA capacity, reducing import dependence amid China's export curbs.

Source: Moneycontrol

More in Business & Finance

Read the live feed on ZapIndies