Lohum Aims 20% Of India's Rare Earth Magnet Demand With Rs 500 Crore UP Plant
Published on: Nov. 10, 2025, 6:48 p.m. | Source: NDTV Profit
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, with a Rs 500 crore investment that aims to secure the nation’s supply chain for electric vehicles, wind turbines, and clean energy systems.
