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Indias rare earth processing push can transform auto & EV supply chains: Mayuresh Joshi

Indias push to develop rare earth processing could sharply reduce dependence on China and strengthen supply chains for autos, EVs and aerospace. Marketsmith Indias Mayuresh Joshi says the approval will unlock investments, build domestic capability and benefit manufacturers over the long term. While not a quick fix, the move positions India for strategic, tech-driven industrial growth.