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

Name: Techadyant Labs
Address: House No. 550 (A), Datta Galli, Vadagaon, M. Vadgaon, Belagavi, Karnataka, 590005, IN
Price range: $$$

Scheme / ProgrammeIN

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

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.

Is anything missing on this entity?