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27Nov 2025

India Launches Scheme for Rare Earth Magnet Manufacturing

India Launches Scheme for Rare Earth Magnet Manufacturing Why in the News ? The Union Cabinet has approved a major scheme to promote Rare Earth Permanent Magnet manufacturing, with an outlay of ₹7,280 crore, aimed at reducing import dependence and supporting sectors like EVs, renewable energy, defence, and electronics, alongside approving key metro and railway …

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12Apr 2024

ADB SUGGESTS INDIA SIMPLIFY TARIFF POLICY FOR ENHANCING MANUFACTURING.

Why in the news? ADB recommends India simplify tariff policy, enhance trade competitiveness, and integrate into global value chains to boost the manufacturing sector. About the Simplification of Tariff Policy: ADB suggests India streamline its tariff policy to enhance trade competitiveness and boost integration with global value chains. Simplified tariff regulations can facilitate smoother trade …

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