The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. The initiative is targeting to reduce dependence on China for critical inputs and secure supply chains for EVs, electronics, aerospace and green energy.
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
Australia's new student visa rules focuses on stricter eligibility, higher financial and English language requirements among others.
With the world's worst outbreak of COVID-19 severely straining the health system in the country, the government has made sweeping changes in the way departments procure medical supplies, including allowing procurement of the same item at different rates.
The Accord Hybrid will be imported through the CBU route to India
The North American International Auto Show which completes 27 years, showcases the hottest cars from a host of manufacturers.
Tiguan will arrive in showrooms across India this year.
Audi India launched the second generation 2016 Audi R8 at the show.
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