New Delhi, Jan. 12 -- Union Minister for Heavy Industries and Steel HD Kumaraswamy on Monday chaired a stakeholder consultation meeting on the government's Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPMs), marking a significant step towards strengthening India's self-reliance in critical materials.

In his inaugural address, the Minister emphasised that the Scheme represents a pivotal step towards establishing a self-reliant, resilient, and globally competitive ecosystem for REPMs, aligning with the vision of Viksit Bharat @2047.

He urged all eligible domestic and international players to seize this opportunity and contribute to India's long-term growth story by participating in the bidding process. The Mi...