NdFeB Rare-Earth Permanent Magnets
$0.45 bnAnnual import
5%Indian capability
7,350Supplier concentration (HHI)
₹3,000 crTo localise
Why India imports it. China controls 90% of NdFeB magnet production; India has small line at Sona Comstar.
Why it matters. EV traction motors, wind generators, speakers all depend on it.
Can India localise it? Partial - 5-7 years for full chain (rare earth to magnet).
Where it comes from. China (85%), Japan (10%), Germany (5%).
Scorecard
The ten indices
CMDI 81Dependency
LPI 42Localisation potential
IAI 65Investment attractiveness
SRI 77Supply risk
SCI 60.75Supply-chain complexity
TRI 44.75Technology readiness
IMI 77Industrial multiplier
NSRI 63.25National-security relevance
EPI 65.25Export potential
ICGI 67.5Capability gap
Who makes it
Manufacturers
In India
Sona ComstarToyotsu Rare Earths India
Global leaders
Neo Performance MaterialsVacuumschmelzeHitachi Metals
On the ground
Localisation projects
- Sona Comstar Rare Earth Magnet Plant
Intelligence
Related signals
- India Now Has a Structured Map of Where It Stays Import-Dependent
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- Battery Materials Processing — Lithium, Cobalt, Nickel and the Cell-Ecosystem Opportunity
Sources
Primary references
Confidence: Verified. Verified: China monopoly on NdFeB documented. Part of Techadyant Labs' Critical Manufacturing Dependencies (Edition I).