Summary
A comprehensive analysis of India's potential to establish domestic rare earth magnet production capabilities, reducing dependency and securing critical supply chains.
Rare earth permanent magnets are the silent backbone of the energy transition — and India's current dependency on imports is a strategic vulnerability.
This paper maps the upstream and midstream investments required to anchor a domestic value chain, and sketches a public-private operating model for the first decade.
We close with recommendations for incentives, talent and downstream demand aggregation.