Rs.7,280 crore Govt nod for manufacturing rare earth permanent magnets

The Union Cabinet chaired by Prime Minister Narendra Modi approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with a financial outlay of Rs.7280 crore. This first-of-its-kind init...

European auto industry embracing 48v hybrids

Controlled Power Technologies (CPT), a major sponsor of the recent 48V hybrid vehicle conference in Germany, together with leading car makers and tier 1 suppliers, discussed the need for an internationally agreed 48...




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