Ministry of Heavy Industries
Administers the rare-earth-magnet (REPM) and auto/ACC-battery PLI schemes; downstream-localisation policy owner.
Relationships
- BenefitsScheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets
- FundsScheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets— Rs.6,450 cr sales-linked incentives + Rs.750 cr capital subsidy. 6,000 MTPA target. Cabinet-approved 26 Nov 2025.