India taking steps to mitigate disruptions due to China's rare earth curbs

  • Posted on June 27, 2025
  • By Business News Today
  • 1 Views
India taking steps to mitigate disruptions due to China's rare earth curbs

India is proactively addressing potential supply chain vulnerabilities stemming from China's rare earth export restrictions. Despite possessing significant reserves, India's domestic rare earth production lags, leading to substantial imports. To counter this, the government is implementing a national initiative and offering incentives to boost local processing and magnet production, aiming to secure its supply of these critical materials.
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