New Delhi, June 24 -- More than 21,000 jobs in India's audio electronics industry are at risk due to China's recent restrictions on rare earth metal exports, the Electronic Industries Association of India (ELCINA) has warned.

According to a PTI report, the curbs have severely disrupted global supply chains and are impacting India's rapidly growing hearables and wearables market.

In April, China implemented strict export licensing requirements for rare earth elements like terbium and dysprosium-key inputs in producing high-performance NdFeB (Neodymium-Iron-Boron) magnets. These magnets are essential for consumer electronics such as speakers and earbuds.

As a result, Indian manufacturers are being forced to import fully assembled speaker...