India  

Desi auto companies yet to get Beijing nod for magnets

IndiaTimes Friday, 20 June 2025 ()
Indian auto component and vehicle companies are struggling to secure approvals from the Chinese government for rare earth magnet procurement, causing significant uncertainty in manufacturing schedules. Despite efforts from industry bodies, ministries, and major auto firms, no approvals have been granted yet.
0
shares
ShareTweetSavePostSend
 

You Might Like