Government to 'facilitate' auto companies procure Chinese magnet
Sunday, 15 June 2025 () The Indian government is assisting the auto industry in securing rare earth magnets from China by facilitating communication and ensuring compliance with export regulations. Companies have submitted End User Certificates to China, and industry representatives will meet with Chinese officials, with the Indian embassy's support. While working on domestic production, the industry relies on these imports to avoid manufacturing disruptions.
The auto industry faces supply chain issues. China's restrictions on rare earth magnet shipments are the cause. Automakers request government to relax domestic... IndiaTimes
Sunday, 15 June 2025 ()
