India-Japan ₹250 Cr Rare Earth plant | Big boost for EVs & Strategic Self-Reliance @NewIndiaJunction
India-Japan ₹250 Cr Rare Earth plant | Big boost for EVs & Strategic Self-Reliance  @NewIndiaJunction
Uploaded June 2026 | Updated September 2026, 2 weeks ago
Japanese company Proterial plans to establish a ₹250 crore rare earth magnet manufacturing facility in Andhra Pradesh. The plant will produce 1,200 tonnes of NdFeB permanent magnets annually, supporting electric vehicles, renewable energy, electronics, aerospace and defence sectors while reducing import dependence.
#PMModi #IndiaJapan #RareEarths #MakeInIndia #AatmanirbharBharat #EVRevolution #CleanEnergy #Manufacturing
#AndhraPradesh #StrategicSelfReliance #IndiaFirst

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India-Japan ₹250 Cr Rare Earth plant | Big boost for EVs & Strategic Self-Reliance

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