The plant, which involves a Rs 500-crore investment, aims to secure the nation’s supply chain for electric vehicles, wind turbines, and clean energy systems. (Photo: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

In a bid to strengthen India's push for self-reliance in critical minerals, Lohum, a startup claiming to be the country’s largest producer of sustainable critical minerals, has launched India’s first integrated rare earth magnet production facility in Uttar Pradesh.

The plant, which involves a Rs 500-crore investment, aims to secure the nation’s supply chain for electric vehicles, wind turbines, and clean energy systems.

Speaking to NDTV Profit , Siddharth Nautiyal, Head of Strategy and New Initiatives at Lohum, said rare earths have become the next f

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