{"id":1039265,"date":"2026-09-29T07:16:26","date_gmt":"2026-09-29T01:46:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1039265"},"modified":"2026-09-29T07:19:40","modified_gmt":"2026-09-29T01:49:40","slug":"midwest-energy-to-set-up-rs-250-crore-rare-earth-magnet-plant-in-hyderabad","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/29\/midwest-energy-to-set-up-rs-250-crore-rare-earth-magnet-plant-in-hyderabad\/","title":{"rendered":"Midwest Energy to set up Rs 250-crore rare earth magnet plant in Hyderabad"},"content":{"rendered":"<p>Hyderabad-based Midwest Energy is setting up India\u2019s first sintered NdFeB magnet plant in Hyderabad at an initial investment of Rs 250 crore to build domestic capacity for a product India currently imports almost entirely. The plant is undergoing trial production with commercial production expected to begin by mid-October with an initial 500 MT\/year capacity, sources said.<\/p>\n<p>The plant will manufacture magnets &#8212; using manufacturing tech developed in-house &#8212; for electric vehicle motors, wind turbines, smartphones, defence applications and MRI equipment, with sample testing underway with several EV and wind-energy companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyderabad-based Midwest Energy is setting up India\u2019s first sintered NdFeB magnet plant in Hyderabad at an initial investment of Rs 250 crore to build domestic capacity for a product India currently imports almost entirely. The plant is undergoing trial production with commercial production expected to begin by mid-October with an initial 500 MT\/year capacity, sources said. The plant will manufacture magnets &#8212; using manufacturing tech developed in-house &#8212; for electric vehicle motors, wind turbines, smartphones, defence applications and MRI equipment, with sample testing underway with several EV and wind-energy companies.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1039265","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1039265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1039265"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1039265\/revisions"}],"predecessor-version":[{"id":1039286,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1039265\/revisions\/1039286"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1039265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1039265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1039265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}