Indian Firms Get Licenses To Import Rare Earth Magnets From China But With Riders

At least three companies—Continental India, Hitachi, and Jay Ushin—have received initial approval to import the magnets, which are critical components for India’s automotive and electronics sectors.

​At least three companies—Continental India, Hitachi, and Jay Ushin—have received initial approval to import the magnets, which are critical components for India’s automotive and electronics sectors.