{"id":366101,"date":"2026-06-26T11:04:44","date_gmt":"2026-06-26T05:34:44","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=366101"},"modified":"2026-06-26T11:57:36","modified_gmt":"2026-06-26T06:27:36","slug":"scheme-to-promote-manufacturing-of-sintered-rare-earth-permanent-magnets-repm-2","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/scheme-to-promote-manufacturing-of-sintered-rare-earth-permanent-magnets-repm-2\/","title":{"rendered":"Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)"},"content":{"rendered":"<div class=\"content-box-green\">\n<p><strong>News:<\/strong> The Ministry of Heavy Industries (MHI), Government of India, has extended timelines for global tender under REPM scheme as a response to demand for same by multiple stakeholders.<\/p>\n<\/div>\n<h2>About Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)<\/h2>\n<figure id=\"attachment_350841\" class=\"wp-caption aligncenter\" aria-describedby=\"caption-attachment-350841\">\n<p><figure id=\"attachment_350841\" aria-describedby=\"caption-attachment-350841\" style=\"width: 311px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-350841\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/11\/Source-PIB-10.jpg?resize=311%2C367&amp;ssl=1\" sizes=\"auto, (max-width: 311px) 100vw, 311px\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/11\/Source-PIB-10.jpg?resize=254%2C300&amp;ssl=1 254w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/11\/Source-PIB-10.jpg?w=737&amp;ssl=1 737w\" alt=\"Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)\" width=\"311\" height=\"367\" data-recalc-dims=\"1\" \/><figcaption id=\"caption-attachment-350841\" class=\"wp-caption-text\">Source \u2013 PIB<\/figcaption><\/figure><\/figure>\n<ul>\n<li>It is a\u00a0<strong>first-of-its-kind national initiative<\/strong>\u00a0to build a\u00a0<strong>complete domestic supply chain<\/strong>\u00a0from\u00a0<strong>rare earth oxides to finished high-performance Rare Earth Permanent Magnets (REPMs).<\/strong>\n<ul>\n<li>It will support setting up\u00a0<strong>integrated REPM manufacturing units<\/strong>\u00a0that convert\u00a0<strong>rare earth oxides into metals, then metals into alloys, and finally alloys into finished magnets.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>N<\/strong><strong>odal ministry<\/strong><strong>: <\/strong>Ministry of Heavy Industries<\/li>\n<li><strong>Targets<\/strong>\n<ul>\n<li><strong>Establish 6,000 Metric Tons per Annum (MTPA)<\/strong>\u00a0integrated REPM\u00a0<strong>manufacturing<\/strong>\u00a0capacity.<\/li>\n<li><strong>Select 5<\/strong><strong>\u00a0beneficiaries<\/strong>\u00a0through\u00a0<strong>global competitive<\/strong>\u00a0bidding, each with up to\u00a0<strong>1,200 MTPA capacity<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<figure id=\"attachment_366102\" aria-describedby=\"caption-attachment-366102\" style=\"width: 571px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-366102\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-PIB-4.jpg?resize=571%2C312&#038;ssl=1\" alt=\"REPM Features\" width=\"571\" height=\"312\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-PIB-4.jpg?resize=300%2C164&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-PIB-4.jpg?resize=768%2C420&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-PIB-4.jpg?w=929&amp;ssl=1 929w\" sizes=\"auto, (max-width: 571px) 100vw, 571px\" \/><figcaption id=\"caption-attachment-366102\" class=\"wp-caption-text\">Source &#8211; PIB<\/figcaption><\/figure>\n<ul>\n<li><strong>Financial outlay<\/strong>\n<ul>\n<li><strong>Total outlay:<\/strong>\u00a0<strong>Rs. 7,280 crore<\/strong>\n<ul>\n<li>Rs. 6,450 crore as\u00a0<strong>sales-linked incentives for five years.<\/strong><\/li>\n<li>Rs. 750 crore as\u00a0<strong>capital subsidy<\/strong>\u00a0for setting up 6,000 MTPA capacity.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>D<\/strong><strong>uration<\/strong>: The total duration of the scheme will be\u00a0<strong>7 years<\/strong>\u00a0from the date of award which include-\n<ul>\n<li>a\u00a0<strong>2-year gestation period<\/strong>\u00a0for setting up an\u00a0<strong>integrated REPM manufacturing facility<\/strong><\/li>\n<li><strong>5 years<\/strong>\u00a0for\u00a0<strong>incentive disbursement<\/strong>\u00a0on the\u00a0<strong>sale<\/strong>\u00a0of REPM.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 class=\"red-h2-box\"><strong>Current Status of India w.r.t. Rare Earth Permanent Magnets (REPMs)<\/strong><\/h2>\n<figure id=\"attachment_366103\" aria-describedby=\"caption-attachment-366103\" style=\"width: 380px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-366103\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-pib-1-1.jpg?resize=380%2C380&#038;ssl=1\" alt=\"Need for REMP\" width=\"380\" height=\"380\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-pib-1-1.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-pib-1-1.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/06\/Source-pib-1-1.jpg?w=499&amp;ssl=1 499w\" sizes=\"auto, (max-width: 380px) 100vw, 380px\" \/><figcaption id=\"caption-attachment-366103\" class=\"wp-caption-text\">Source &#8211; PIB<\/figcaption><\/figure>\n<ul>\n<li><strong>Rare earth reserves in India:\u00a0<\/strong>India\u00a0<strong>has 6.9 million tonnes of rare earth reserves<\/strong>, (<strong>5th largest globally<\/strong>), yet contributes\u00a0<strong>around 1%\u00a0<\/strong>to global production.\n<ul>\n<li><strong>Distribution:<\/strong>\n<ul>\n<li>It spread across\u00a0<strong>coastal placer sands<\/strong>\u00a0in\u00a0<strong>Odisha, Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Goa, Maharashtra and Gujarat.<\/strong><\/li>\n<li>It is also found in\u00a0<strong>hard-rock deposits\u00a0<\/strong>in R<strong>ajasthan and Gujarat.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>REPMs consumption in India: India currently consumes about 4,000\u20135,000 tons per annum (TPA)<\/strong>\u00a0of permanent magnets.\n<ul>\n<li><strong>Future demand:<\/strong>\u00a0REPM demand is\u00a0<strong>expected to double by 2030<\/strong>\u00a0from\u00a0<strong>2025<\/strong>\u00a0due to\u00a0<strong>electric vehicles, renewable energy, and electronics.<\/strong><\/li>\n<li><strong>Import dependent:<\/strong>\u00a0Presently, REPM demand is\u00a0<strong>almost fully import-dependent.<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>NOTE:<\/strong>\u00a0For more information on\u00a0<strong>Rare Earth Permanent Magnets (REPMs),\u00a0<\/strong>please click\u00a0<strong><a href=\"https:\/\/forumias.com\/blog\/rare-earth-magnets\/\">\u00a0here<\/a>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News: The Ministry of Heavy Industries (MHI), Government of India, has extended timelines for global tender under REPM scheme as a response to demand for same by multiple stakeholders. About Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM) It is a\u00a0first-of-its-kind national initiative\u00a0to build a\u00a0complete domestic supply chain\u00a0from\u00a0rare earth oxides to finished&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/scheme-to-promote-manufacturing-of-sintered-rare-earth-permanent-magnets-repm-2\/\">Continue reading <span class=\"screen-reader-text\">Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)<\/span><\/a><\/p>\n","protected":false},"author":10393,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,956,12039],"tags":[11872],"class_list":["post-366101","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-schemes-and-programs","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/366101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10393"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=366101"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/366101\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=366101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=366101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=366101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}