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Home / Tag Archives: Government subsidies for domestic NdFeB magnet production

Tag Archives: Government subsidies for domestic NdFeB magnet production

India Extends ₹7,280-Crore Rare Earth Permanent Magnet (REPM) Scheme Application Deadline to July 29, 2026

July 1, 2026 Business News, National

Close-up of a factory worker assembling an electric vehicle motor utilizing a neodymium rare earth permanent magnet under the India REPM scheme.

New Delhi. Wednesday, 1 July 2026 In a move to fortify its high-tech industrial supply chains, the Government of India has officially extended the bid submission deadline for its ambitious ₹7,280-crore Rare Earth Permanent Magnet (REPM) Manufacturing Scheme. Originally slated for June 29, the Ministry of Heavy Industries pushed the …