India, July 21 -- The Government of India has issued a release:
S. No.
Sector
Requirement in MTPA for the year 2030
1
Electric Vehicles (2/3/4 Wheelers)
3250
2
Industrial Motors for different
500
3
BLDC Fans
980
4
Smart Phones & Computers
600
5
Solar-powered Pumps
170
6
Elevators Motors and Escalator
100
7
Other Applications (Consumer
820
8
Wind Turbine
1800
9
Total Consolidated Demand in India
8220
applications
Motors
electronics, etc.)
An assessment of Rare Earth Permanent Magnet (REPM) demand in India was done by IREL (India) Limited, Defence Metallurgical Research Laboratory (DMRL) and Bhabha Atomic Research Centre (BARC). The estimated segment - wise requirement for REPM for the year 2030 is as under:...