Mining
India’s rare earth gamble: Strategic autonomy, industrial ambition & high stakes of execution

India’s renewed focus on rare earths, as outlined in the Union Budget, marks one of the most consequential industrial policy shifts in recent years. At first glance, the ₹7,280 crore Rare Earth Permanent Magnet (REPM) Manufacturing Scheme and the announcement of Dedicated Rare Earth Corridors appear as another extension of the Atmanirbhar Bharat narrative. Yet …
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