₹7,280 crore scheme for rare earth permanent magnets
What happened
- The government approved a ₹7,280 crore scheme to build an integrated domestic rare-earth permanent magnet ecosystem with 6,000 MTPA capacity, from oxides to finished magnets [PIB].
Background
- REPMs go into EV motors, wind turbines and defence systems. China controls most of the supply.
Why it matters
- China’s 2025 export curbs showed the risk. Domestic capacity is insurance.
How to use this in Mains
- As per PIB (2025-12-27): the government approved a ₹7,280 crore scheme to build an integrated domestic rare-earth permanent magnet ecosystem with 6,000 MTPA capacity, from oxides to finished magnets.
- China's 2025 export curbs showed the risk. Domestic capacity is insurance.
Quotable data pointThe government approved a ₹7,280 crore scheme to build an integrated domestic rare-earth permanent magnet ecosystem with 6,000 MTPA capacity, from oxides to finished magnets.
PIB: PIB Backgrounder: REPM scheme, 27 Dec 2025
Exam angle
UPSC
Prelims: REPM uses.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
Scheme outlay
Answer (b) & explanation
PIB.
Practice · UPSC
Capacity
Answer (b) & explanation
PIB.
Practice · UPSC
Main use
Answer (b) & explanation
PIB.
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Official source: PIB: PIB Backgrounder: REPM scheme, 27 Dec 2025
facts from cited sources only; faculty review pending