Tata Motors is proactively addressing potential shortages of magnets due to China’s export restrictions on rare earth elements by sourcing from alternative suppliers and maintaining adequate inventory, Chairman N Chandrasekaran stated. He emphasized the company’s resilience amid geopolitical tensions, including the Iran-Israel conflict, and anticipated the completion of its commercial and passenger vehicle demerger by late 2023.
Tata Motors working with govt, looking alternate sources for magnets: Chandrasekaran
Harshit Brave
Blog - June 21, 2025
- 0 Comments
Related Posts
Harshit Brave
- July 8, 2025
- 0 Comments
Peacetime is nothing but ‘illusion’, must remain prepared for uncertainty: Rajnath Singh
Defence Minister Rajnath Singh lauded the armed forces’ bravery during Operation Sindoor, emphasizing India’s need for constant preparedness amidst global uncertainties. He highlighted the rising global demand for Indian-made weapons…
Read moreHarshit Brave
- July 8, 2025
- 0 Comments