Chennai, Nov. 8 -- Industry stakeholders have said that India should open the floor for cooperation in the development of the rare-earth materials in the country.

Speaking at the CII Conference on 'Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localisation' in Chennai on Friday, experts advocated that the nation needs to collaborate with friendly countries to succeed in the field of rare-earth materials.

"We cannot have any yardstick by which to partner or not to partner. Our idea is to open the floor, actually. Whichever country they want to come and join hands with us, we are ready to take it forward," said R Saravanabhavan, Deputy Adviser (Minerals), NITI Aayog.

Air Marshal M Matheswaran (Retd), former D...