India launches NdFeB magnet pilot plant to cut rare earth imports and challenge China dominance

Published on 24 April 2026

A breakthrough that could turn costly imports into exports

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.

First Nd-Fe-B magnet pilot plant begins at ARCI, Hyderabad
India targets reduced dependence on costly imports, mainly from China
RFP seeks sintered NdFeB REPM plants totaling 6,000 MTPA capacity
Local magnets could bolster EV, renewable energy, defence, and electronics

#rare earth magnets #india manufacturing #defence #atmanirbhar bharat #evs

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India launches NdFeB magnet pilot plant to cut rare earth imports and challenge China dominance

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