· Manufacturing & Investment · Source: economictimes.indiatimes.com

Neo Performance Materials looks at India for rare earth magnet manufacturing

Why it matters

Why it matters for greenfield investors: Neo Performance Materials looks at India for rare earth magnet manufacturing. Minerals and mining rules feed straight into greenfield supply-chain and location risk for manufacturers.

Advanced industrial materials company Neo Performance Materials is exploring the possibility of establishing a rare earth magnet manufacturing base in India, and is in discussions with several states including Tamil Nadu and Telangana, said people aware of the developments.

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