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Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM)

CompanyIN

Total outlay Rs.7,280 crore: Rs.6,450 crore sales-linked incentives (5 years) + Rs.750 crore capital subsidy.

Scheme / Programme
Proprietary scores

Strategic profile

Industrial importance2/5

Initial score derived from current Atlas ecosystem coverage.

Strategic importance2/5

Initial score derived from relationship breadth and entity type.

Import dependency2/5

Domestic entity; dependency must be resolved at component/process level.

Knowledge graph

Mapped relationships

  • Beneficiary ofIREL (India) Limited- Reuters (Sep 2025) named IREL as one of two recipients of government REPM-related funding alongside MAM.
  • FundsMinistry of Heavy Industries- Rs.6,450 cr sales-linked incentives + Rs.750 cr capital subsidy. 6,000 MTPA target. Cabinet-approved 26 Nov 2025.
  • Beneficiary ofMidwest Advanced Materials (MAM)- Reuters (Sep 2025) named MAM as a private recipient of government REPM-related funding.