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Primus Partners report highlights localising rare earth magnet production to secure India’s EV future
India’s push toward clean mobility, green energy, and advanced manufacturing is facing a hidden vulnerability: its near-total reliance on imported rare-earth magnets. A new report by Primus Partners, From Extraction to Innovation: A Blueprint for Enhancing Rare Earth Magnet Ecosystem in India’s EV Roadmap, outlines a national strategy to address this gap and build a self-reliant, globally competitive ecosystem for neodymium–iron–boron (NdFeB) magnets.
Aug 14, 20253 min read
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