India’s journey to self-sustenance in the Rare Earth ecosystem
This article is authored by Praveen Pothumahanty, Partner, EY-Parthenon.Rare Earth magnets are a crucial raw material in the automotive, defence & electronics industry. In the automotive context, magnets are used in the manufacturing of Electric Vehicles (EV) motors & other fuel agnostic components like sensors, braking systems, infotainment speakers, etc. There are two types of…