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Global Trade Alert

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India: Scheme to promote the manufacturing of sintered rare earth permanent magnets

Description

On 26 November 2025, the Union Cabinet of India approved a capital subsidy totalling INR 750 crore (approx. USD 84.04 million) under the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permane...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Nov 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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