https://www.taxtmi.com/news?id=62789 Approval establishes the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets with Rs 7,280 crore to create 6,000 MTPA of integrated manufacturing capacity. Capacity will be allocated to five beneficiaries via global competitive bidding, up to 1,200 MTPA each. The scheme duration is seven years from award, comprising a two-year gestation period to set up facilities and five years of incentive disbursement tied to sales of REPM. en-us Wed, 26 Nov 2025 16:31:03 +0530 Wed, 26 Nov 2025 16:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62789 Approval establishes the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets with Rs 7,280 crore to create 6,000 MTPA of integrated manufacturing capacity. Capacity will be allocated to five beneficiaries via global competitive bidding, up to 1,200 MTPA each. The scheme duration is seven years from award, comprising a two-year gestation period to set up facilities and five years of incentive disbursement tied to sales of REPM. News - Wed, 26 Nov 2025 16:31:03 +0530 https://www.taxtmi.com/news?id=62789