ECMS tranche may focus on rare earth magnet plants
The government is expected to approve manufacturing centres for rare earth permanent magnets in the next tranche of the electronics component manufacturing scheme (ECMS) expected
The government is expected to approve manufacturing centres for rare earth permanent magnets in the next tranche of the electronics component manufacturing scheme (ECMS) expected this month, officials told ET. Multiple applications across categories, spanning various stages of the value chain are currently being studied, they said."There are proposals to create magnets from converting rare earth oxides into raw magnet alloys, as well as to
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