Commercial Indigenous Production of Neodymium Materials & Rare Earth Permanent Magnets for E-Mobility

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M/s Midwest Advanced Materials Pvt. Ltd., Hyderabad, Telangana

Full-scale manufacturing of neodymium magnets for e-mobility; strengthens Indiaâ€™s rare earth supply chain, supports Atmanirbhar Bharat.

Thrust Areas

Material Sciences

Focus Area

E-Mobility, Rare Earth, Magnet

Sanction Amount

₹ â‚¹250.86 Cr (TDB assistance â‚¹ 125.00 Cr)

Status

Indigenous Production

Source Title

Technology Development Board (TDB)

Status

Indigenous Production

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