India has started its first pilot plant for Nd-Fe-B rare earth permanent magnets at ARCI, Hyderabad—aiming to reduce massive yearly imports that cost hundreds of crores. The sintered NdFeB capacity push follows an RFP for 6,000 MTPA. This matters for EVs, wind power, defence systems, and electronics, shifting India from consumer to potential supplier.
India’s ceramics and tile hubs, worth about $6.5 billion and employing hundreds of thousands, are shutting down as energy shortages bite. Blazing kilns that power production have gone cold amid an electricity fuel crunch that sources link to disruption pressures from the Middle East war, raising fears of lost jobs and export setbacks.
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