Larsen & Toubro Ltd. plans to manufacture rare-earth magnets in India, said people familiar with the matter, as the engineering giant rides a government push to reduce a reliance on imports and loosen China’s stranglehold over the critical industrial component.
Larsen & Toubro Ltd. plans to manufacture rare-earth magnets in India, said people familiar with the matter, as the engineering giant rides a government push to reduce a reliance on imports and loosen China’s stranglehold over the critical industrial component.
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