‘Will impact every sector’: China’s new rare earth export curbs to hit Indian manufacturing? ‘Scope of restrictions so vast..’
Industry leaders indicated that China’s restrictions will impact the import of components. (AI image) India’s manufacturing sector, which saw a booster shot when the government announced sweeping GST rate cuts, now faces an operational crisis with China’s latest rare earth export curbs.China’s export restrictions, now including light rare earth magnet components, are expected to deepen…