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Rare earths permanent magnets manufacturing to reduce imports: PM Modi

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....are earths permanent magnets manufacturing to reduce imports: PM Modi<BR>Customs & Trade<BR>Dated:- 26-11-2025<BR>PTI<BR>New Delhi, Nov 26 (PTI) Prime Minister Narendra Modi on Wednesday said the deci....

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....sion to establish an ecosystem to manufacture rare earths permanent magnets will reduce imports. "A historic first for India's high-tech manufacturing! The Union Cabinet has approved a scheme to esta....

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....blish India's first integrated ecosystem for manufacturing Sintered Rare Earth Permanent Magnets (REPM), which are essential components in electric vehicles, wind turbines, defence systems and aerospa....

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....ce technologies," Modi said in a post on X. He said the initiative aims at creating domestic capacities and reducing imports, and also focuses on green technologies. Modi said the Cabinet decision o....

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....n two multi-tracking projects covering four districts across Maharashtra and Gujarat will add to the rail infrastructure. "Mobility, operational efficiency and service reliability will be enhanced. M....

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....ulti-modal connectivity and logistic efficiency will also improve," he said. The prime minister said the decision to expand the Pune Metro was a major boost to the city's public transport network. "....

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....Cabinet approves Phase-2 of Pune Metro (Lines 4 and 4A) connecting various areas of the city. This decision ensures a faster and more comfortable commute for the people of Pune, which is an important ....

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....centre for growth and innovation," he said. PTI SKU RC<BR> News - Press release - PIB....