Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race
· livemint.com
India sits on massive rare-earth deposits, yet remains 90% dependent on China for the vital magnets powering EVs and defence systems. As a PLI deadline looms, why are India’s corporate giants demagnetized?
T. Surendar
T. Surendar is a senior journalist at Mint with nearly three decades of experience covering business, markets, and corporate India. Since beginning...