INDIA AUTOMAKER MAHINDRA, PARTS MAKER MINDA EYE LOCAL MAGNET PRODUCTION, SOURCES SAY
https://media.zenfs.com/en/reuters.com/b47b3317e8b66c64aa80df995a900bd5
✍️ Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China.
👉 Mahindra & Mahindra and Uno Minda are looking to make rare earth magnets locally 👉 India is drawing up incentives for the production of rare earth magnets 👉 China's restrictions on exports have disrupted supplies 👉 The government is looking to secure raw materials from elsewhere
-- #AditiShah #NehaArora #NarendraModi #NewDelhi #China #Myanmar #CentralAsia #world
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