Japan’s Proterial To Invest ₹2,250 Crore In Rare Earth Magnet Facility In Andhra Pradesh

Japan’s Proterial, a global leader in advanced materials, is set to establish a rare earth permanent magnet manufacturing facility in Andhra Pradesh. The investment, valued at ₹2,250 crore, represents a significant milestone in India’s efforts to build a local rare earth value chain and reduce dependence on Chinese sources.The facility will be located at Achutapuram in Anakapalli district. It is
Japan’s Proterial, a global leader in advanced materials, is set to establish a rare earth permanent magnet manufacturing facility in Andhra Pradesh. The investment, valued at ₹2,250 crore, represents a significant milestone in India’s efforts to build a local rare earth value chain and reduce dependence on Chinese sources.The facility will be located at Achutapuram in Anakapalli district. It is
Go to Source