AK News Indian companies scouting for rare earths to cut dependence on China: Piyush Goyal

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Indian companies scouting for rare earths to cut dependence on China: Piyush Goyal

Published on: Oct. 8, 2025, 11:15 p.m. | Source: The Economic Times

India is actively seeking rare earth sources beyond China and developing domestic processing capabilities to mitigate future supply chain risks. Minister Piyush Goyal highlighted the nation's focus on boosting domestic manufacturing through PLI schemes and the National Manufacturing Mission to compete globally. India remains resilient amidst geopolitical turbulence, poised to be the fastest-growing economy.

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