Pilot Plant for the Manufacture of Nd-Fe-B Rare Earth Permanent Magnets established at ARCI, Hyderabad
- A pilot plant for indigenous manufacture of Nd-Fe-B (Neodymium-Iron-Boron) sintered rare-earth permanent magnets inaugurated at ARCI, Hyderabad on 20 March 2026.
- Adopts an end-to-end route — from strip-cast alloy to finished sintered magnets — under DST's push for a "mineral-to-market" rare-earth ecosystem.
- Strategically significant: Nd-Fe-B magnets are critical inputs for EV traction motors, wind turbines, defence electronics and consumer electronics, a supply chain currently dominated by China.